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…

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 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 passage of H.R. 12274, the Middle Income Student Assistance Act, to amend Title IV of the Higher Education Act of 1965 to increase the availability of assistance to middle-income students is recommended in this House report from the Committee on Education and Labor. The purpose of H.R. 11274 is to provide needed financial assistance to…

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)

A chronology of the tuition tax credit legislation and a series of amendments to existing federal student aid programs during the second session of the 95th Congress is presented. In each chamber of Congress legislative activity proceded along four routes: (1) authorizing legislation from the education committees (amendments to existing student…

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…

The impact of the Middle Income Student Assistance Act (MISAA) program was evaluated through analysis of financial aid to cohorts of students before and after MISAA, a longitudinal examination of a sample of students before and after its enactment, and a macro-level analysis of the effect of MISAA on the relationship between income and aid. The…

The initial impact of the Middle Income Student Assistance Act (MISAA) was analyzed by comparing student aid recipients and student aid packaging before and after the passage of the Act. Student aid records from a national sample of aid recipients attending independent colleges and universities from 1978-79 through 1979-80 were assessed. In…

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 report presents data and discussion on U.S. education across sectors, as well as the work of the Office of Education (OE). Among topics covered are the education budget; OE reorganization; educational priorities, including basic skills, binding school to work, higher education, education of the handicapped; legislation, including the 1978…