Federal, state, and institutional student financial aid expenditures are tabulated by individual program in both constant and non-inflation-adjusted dollars for the years 1980-81 through 1987-88, with percent changes since 1980-81 noted. Individual recipient averages in major programs are also presented. (MSE)

Insufficient funding for college work-study programs, increased student loan defaults, unanticipated deficits in the federal Pell Grant program, and the climate of recession are creating serious problems for student financial aid. Some fear enrollments will be affected and federal programs will be further reduced. (MSE)