This volume contains 14 papers on productivity, incentives, and financing in U.S. higher education, issues of particular urgency in light of revenue shortfalls, expenditure pressures, and controversies that have shaken public confidence in higher education. Part 1 contains two background papers: "Introduction" (Michael S. McPherson, Morton O.…

This document presents seven papers that address several aspects of the new direct lending federal loan program established by the Student Loan Reform Act of 1993. Among the topics examined are the following: (1) the experiences with implementing new student aid programs; (2) the policy questions involved in lending in proprietary (profit-making)…

This book contains 11 essays that follow the community service and student loan legislation as it proceeded through Congress. The essays illuminate the policymaking process by explaining the evolution of new national policies and by tracing the history of these two pieces of legislation. The book is organized in three parts. The first two parts…