The market-based funding model more commonly known as direct student aid, which was adopted by the federal government during the late 1960s and early 1970s, has created a series of unintended consequences that threaten educational equity and the future of public higher education. The economic and societal impacts of the privatization of US public…

Education tax credits provide federal financial aid to a wide expanse of American taxpayers; however, little research or analysis has been done on these costly programs. There has been little evidence of its link to college enrollment growth. This descriptive paper outlines the establishment of education tax credits, their original intent, and the…

Purpose: America's College Promise (ACP) is a legislative initiative introduced by President Obama to increase access to higher education, to build the economy, and to support his earlier American Graduation Initiative. This legislation has the potential to settle among the ranks of the most influential federal higher education aid and access…

Despite claims that colleges and universities are isolated from ideological preferences, sociopolitical discourse regularly shapes policies and practices of postsecondary education. This article considers how national discourse on federal aid for postsecondary education during the 1970s reflected a monumental shift in higher education policy.…

There is a dearth of empirical work that examines the relationships between federal financial aid policy and institutional financial aid priorities and expenditures. This study uses Resource Dependency Theory to explore whether changes the amount of financial aid awarded by colleges and universities during the last fifty years are best explained…

In the nearly fifty years since the adoption of the Higher Education Act of 1965, financial aid programs have grown in scale, expanded in scope, and multiplied in form. As a result, financial aid has become the norm among college enrollees. Aid now flows not only to traditional college students but also to part-time students, older students, and…

In the nearly fifty years since the adoption of the Higher Education Act of 1965, financial aid programs have grown in scale, expanded in scope, and multiplied in form. As a result, financial aid has become the norm among college enrollees. The increasing size and complexity of the nation's student aid system has generated questions about…

The current system of financial aid is reviewed. It is noted that higher education is now more accessible to more people, but at a great cost in terms of both money and values, since the middle class is reluctant to make financial sacrifices for its children. Specific grant and loan programs are reported. (LBH)

The issues, problems, and prospects of federal student aid are addressed in three papers and an introduction. In the introduction, David W. Breneman considers implications of the Middle Income Student Assistance Act and developments that raise questions about the foundation of student aid programs. In "Why Strains on Need-Based Financial Aid…

Since 1978, when the Middle Income Student Assistance Act was passed, federal, state, and institutional student financial aid developments have consistently expanded programs, eligibility, and benefits for students from middle and affluent family income backgrounds. Poverty-level students have experienced substantial declines in gift aid and…

The second edition of the "ES Review" brings together, in one setting, abridged versions of research reports, outside articles and op-eds, book reviews, and other Education Sector publications. The 2007 edition features: (1) K-12 Accountability (Laboratories of Reform: Virtual High Schools and Innovation in Public Education (Bill…

The "ability to benefit" provision in Title IV, Higher Education Act, and the Reagan Administration's proposal to eliminate it as a basis for student aid eligibility are discussed. Regulations and data related to the provision, pro and con arguments regarding "ability to benefit," and policy alternatives are described. (MLW)

Due to the increasing complexity in the financial aid process and the movement of available financial aid up the economic scale, poor people and minorities have less access to college, including engineering programs. Some impediments are lack of access to knowledge about college, increasing complexity and up-front costs in the application process…

The impact of the Middle Income Student Assistance Act (MISAA) on the distribution of financial aid to middle income students was assessed. A group of 172 colleges and universities that participated in a baseline study prior to the introduction of MISAA plus three additional schools were studied. Only a subset of the original student sample was…

Federal student financial aid policy as it affects part-time adult students, who comprise a majority of the enrollment at community and junior colleges, is discussed. The current bias in government policy favors the traditional younger, full-time students. Government actions and legislation that bear this out are examined. (JMD)