The time is now to examine the nation's capacity to help guide students in gaining access to, paying for, and graduating from college. College promise programs have served as an excellent model. But because a uniform, national college promise model would not adequately serve the estimated 20 million students in postsecondary education, ETS and…

College promise programs are spreading throughout this United States. These programs fund tuition and/or fees for eligible students who are actively progressing toward earning postsecondary certificates and undergraduate degrees. While existing college promise programs have varying designs, each one appears to be seeking continuous and long-term…

Federal free-college policies are now at the center of the Democratic higher education agenda. Sen. Bernie Sanders helped move the idea into the mainstream during the 2016 presidential campaign, and other lawmakers have since worked to advance the policy in Congress. Joe Biden effectively put free college on the ballot in 2020 when he fully…

This collection of reports analyzes the roles and responsibilities of the major participants in the financing system for postsecondary education. The six papers present: (1) a conceptual basis for the roles of the various parties in postsecondary education finance and a description of changes in these roles and the difficulties posed for…

This monograph investigates and discusses the various approaches of innovative financing initiatives in higher education which have developed over the last few years. The 16 chapters and authors are as follows: "Stresses in the Student Financial Aid System" (Martin Kramer); "Evolution and Prospects of Financing Alternatives for…

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 paper examines the history of Northern Illinois University (NIU) Foundation, established to increase facilities of the college for broader educational opportunities for and service to its students, alumni, and citizens of Illinois. Each chapter examines one of five periods in the Foundation's history: 1949-1967, 1968-1970, 1970-1973,…

This book provides a group of articles concerning the equity and efficiency of prepaid college tuition plans. Chapters: (1) introduce the subject; (2) examine the competing financial theories at play in this field; (3) present a study of the Michigan Education Trust's decision to expand its subscriber base by offering a monthly payment option; (4)…

Drawing from current statistical data and the views of educational, civic, and business leaders, this book analyzes the environmental, societal, and demographic changes to be expected in the 1990's and their implications for higher education. Chapter I examines the opportunities and challenges facing higher education in the 1990's. Chapter II…

This collection of eight papers looks at how a system of loans for lifelong learning in Great Britain and New Zealand might be positioned. It examines where such loans might work best and where they seem inappropriate. In particular, the collection assembles the available evidence about the role and impact of loans in the world of education and…

This book on the financing of higher education is divided into two parts; the first analyzes national trends and the second focuses on the financing of higher education in five states--California, Florida, Michigan, Minnesota, and New York. Three major changes in higher education finance are noted: first, a shift in responsibility away from public…

Public higher educational institutions, where about 80 percent of all college students and 65 percent of all four-year college students are educated, appear to be in serious trouble. In order to delve more deeply into this topic, the author invited a wide-ranging team of experts to examine changes in public higher education over the last quarter…

This book contains 19 papers from a study of vocational education and training (VET) in 19 countries with different economic situations (transition economies, high-growth economies, low-growth economies). The papers focus on the following issues addressed in the study: (1) the countries' experiences in reforming national VET policies; (2)…