A changing economy in Michigan means that education beyond high school, whether it's a degree or training for a specific skill or job, is more important than ever. But in Michigan, low- and middle-income families are seeing college costs continue to rise--for many, rising beyond their reach. Michigan has some of the highest public tuition levels…

The Federal Pell Grant program, authorized by Title IV-A-1 of the Higher Education Act of 1965, (HEA; P.L. 89-329), as amended, is the single largest source of federal grant aid supporting undergraduate students. The program provided approximately $29 billion in aid to approximately 7.2 million undergraduate students in FY2017. Pell Grants are…

Grant aid reduces the financial burden of human capital investment in postsecondary education. Theory suggests grant aid should substitute for other financial resources such as borrowing and labor market participation. Although studies have individually examined the impact of grant aid on hours of paid work and on borrowing for education, students…

The SREB Fact Book on Higher Education includes data on the population and economy, enrollment, degrees, student tuition and financial aid, faculty and administrators, revenue and expenditures. With more than 100 tables of detailed information, the Fact Book is one of the nation's most respected and most comprehensive collections of comparative…

Empirical analyses of higher education subsidies are commonly misleading because they disregard appropriate age composition in the parental reference population. Further distortions occur depending on parents' categorization by income, occupation, or education. This paper addresses these issues using empirical data from Chile, France, and…

Potential negative effects that cuts in the Guaranteed Student Loan (GSL) program might have on the financial stability of colleges and universities are addressed. The recent rapid growth of the GSL program results from the fact that it is included in that part of the credit control system excluded from appropriation limitation. Media reports…

A report published by the College Board shows that financial aid to college students was 8.3 percent higher in academic 1988-89 than in 1987-88. Tables show amounts for Pell Grants, Supplemental Educational Opportunity Grants, college work-study, Perkins Loans, Stafford Student Loans, supplemental loans for students, parent loans, etc. (MLW)

This report provides recent statistics on trends in student aid in the 1980s and 1990s for the federal government, state governments, and educational institutions. The analysis also reports on changes in the costs of attending college and in family incomes in order to provide a context for assessing whether college is becoming more or less…

Tables, graphs, and text summarize the most recent statistics available on financial aid available to students in postsecondary education including virtually all federal aid and the vast majority of state and institutional assistance. It revises earlier 1990s data and provides estimates for the academic year 1995-96. Study highlights include: (1)…

Preliminary data and analyses on student financial aid during 1983-1984 are presented, based on a policy seminar at which a national survey of aid recipients was examined. Evidence suggests that students, especially those from low-income backgrounds, increasingly rely on loans as a form of college financing. Financial aid participation rates among…

This report presents data on college costs from the Annual Survey of Colleges for the 1998-99 academic year, as well as trends in costs over the past 25 years and analyses of college prices in relation to family income and available financial aid. Ten tables and seven figures present such data as average fixed charges for undergraduates, sample…

Data on various aspects of the revenues flowing into colleges and universities during the mid and late 1970s are provided. Attention is directed to the total amount of financial resources used for higher education, the way that the total has changed in recent years in absolute and relative terms, and who contributes what portion of the total. The…

Expenses at 3,200 schools and colleges are identified, and information is presented on applying for student financial aid and on estimating financial need. Recent changes in federal aid programs, eligibility requirements, and major programs are also outlined. In considering the cost of college, the following areas need to be addressed: tuition and…

Trend data on federal financial aid to students attending private colleges and universities are reviewed, based on a 1981-1982 survey of student aid records from a national sample of aid recipients attending 122 independent schools with enrollments of more than 500 students. Findings include the following: of the approximately 1.8 million…

Expenses at over 3,100 schools and colleges are identified for 1987-1988, and information is presented on student financial aid, immediate and long-range planning for meeting college costs, and the new tax laws. Colleges that offer tuition and fee waivers and special tuition payment plans are specified. New information for each college includes…