Many people in higher education think that "values talk" should be reserved for important ceremonial occasions, like commencements and reunions, or for remarks after a major scandal. In their view, values should take a back seat to the pragmatic reality of empirical evidence. But, in reality, every interesting problem of policy or practice depends…

This paper recommends that the federal government take steps to reassert the sense of partnership and common purpose that undergirds college finance in the United States by enacting an old idea that never had become a reality. The original authorizing legislation for the Pell grant program envisioned direct institutional grants to colleges that…

Discusses data that indicate that students' academic promise is increasingly influencing even the amount of "need-based" aid they receive, signaling that families' demonstrated financial need is of less importance than they may expect when they fill out all those financial aid forms. (EV)

This paper examines the problem of determining how effective student aid programs have been in promoting the college enrollment of lower income and disadvantaged students and analyzes the institutional means through which federal aid policies have been implemented. The importance of considering the key role of state and institutional responses to…

The question of whether the availability of need-based student financial aid reduces the applicant families' incentives to save and work was assessed. Changes in the need-based aid system are also suggested. Need-based aid systems compute a family's ability to pay for college from information on the family's income and assets at the time a student…