The primary purpose of government provided student financial aid is to increase college access by bringing the out-of-pocket price of attendance within reach of more students. The basic idea is quite straightforward. If a good or service costs $100 to buy and the government gives consumers a $50 subsidy, then consumers need only spend $50 of their…

In the debate surrounding the costs and benefits of having foreign students at South African universities, the financial contributions of foreign students to their host economies is sometimes cited. This article reports the results of a comparison between the economic impact on the Grahamstown economy of the spending of foreign and local students…

The United States currently spends a good deal more on education per student than most industrialized nations, yet testing shows that achievement has not kept pace with spending. Nevertheless, school administrators continue to press for greater federal spending and claim that reforms cannot be implemented otherwise.