As policy makers consider revisions to the Higher Education Act (HEA), understanding the impact of increasing the size of Pell grants is important if it is to have the intended impact of improving educational outcomes for lower income students across the various types of colleges and universities. Understanding institutional behavior is a place to…

The COVID-19 health crisis has laid bare the structural inequity in the financial aid system. The pandemic has hit the lowest-income students hardest, with many struggling to afford the basic technology for online learning on top of new or exacerbated food and housing insecurity. Federal and state dollars predicated on Pell Grant eligibility, time…

America's financial-aid system has become almost impossible to navigate and burdensome for those who need it most. Tuition and fees are skyrocketing, forcing almost half of college-going students to borrow. Low and middle-income students are taking on frightening levels of debt. Bachelor's degree recipients leave school with an average of $26,600…

America's college financial-aid system has helped millions of students obtain a postsecondary education, but the system's flaws are increasingly apparent. Growth in tuition and fees outpace available resources, particularly for students striving to rise out of poverty. Low- and middle-income students confront frightening levels of education debt.…

The last several years has seen significant cuts to federal student aid funding to shore up the budget of the Pell Grant program, the primary source of government aid to low-income students. But in this paper, the author argues that there's a better way to keep the Pell Grant program viable: elimination of the American Opportunity Tax Credit and…

A recent flurry of announcements from some of the wealthiest and most competitive private colleges brought welcome news to lower- and middle-income families. Many Ivy League institutions, along with dozens of smaller colleges that also attract high-achieving students, unveiled student-aid plans that will significantly lower the cost of attendance…

One of the most affluent segments of the population is also one of the least well prepared to face the reality of college costs. It is not the need analysis system that causes difficulty but a combination of rapidly increasing costs and the changing lifestyle of this group. (MSE)

A college acceptance letter has long been seen as the ticket to the middle class for students from low-income families. Simply getting into college these days is not enough. Where financially needy students enroll makes a difference--sometimes a big difference--in whether they will ever earn a bachelor's degree. This article discusses graduation…

Selective colleges are undergoing intense scrutiny these days when it comes to student aid. The decisions of the University of Pennsylvania, Harvard University, and other private institutions to expand their aid packages for students from less-affluent families have drawn both high praise and heavy fire: high praise for making themselves more…

This article describes higher education financial assistance tools designed mainly for students of middle- and upper-income families who may not be eligible for financial aid from other sources. It includes the 2007 legislative updates for these tools, all of which have been devised and offered by either state or federal governments. The authors…

There has been a surge of attention to issues of access and success in higher education. The U.S. Education Secretary's Commission on the Future of Higher Education has discussed it. State policymakers are proposing new goals and accountability systems to address these issues. Even the mainstream press has been increasingly critical of higher…

This document raises several points of discussion concerning higher education aid and its recipients. Increasing use of federal higher education aid by middle-class and wealthy students is costly to taxpayers, contributes to student indebtedness, and fosters greater individual and institutional dependency. The document recommends Congress restore…

The federal Hope Scholarship program, designed as a middle-class tax break, required substantial negotiation and diverse, often conflicting tactics to become policy. The story of the idea's creation and its journey to policy, based on interviews with over three dozen college officials, Clinton administration aides, lawmakers, and others is…

This article reports on efforts of various private colleges to attract students, including admission of more students, large tuition discounts, achievement-based scholarships, and loans which convert to grants if academic achievement is high. Efforts are intended to attract more middle-income students away from the cheaper public institutions. (DB)

Several elite private colleges have announced additional financial aid sources for middle class students, because enrollment patterns suggested previous policies attracted proportionately more low- and high-income than middle-income students. One college feels the new policy encourages families to save for college. Critics say the institutions are…