Four general "fairness criteria" are presented for evaluating student financial aid award rules. Application to current Pell Grant rules indicated violation of two of the criteria. Recommendations include replacing the "percent-of-cost" rule with a "percent-of-need" standard, developing a broader class of rules, and…

Reports evidence that the federal government's three campus-based student aid programs are no longer serving needy students well, but rather benefit a select group of institutions. Urges changing the 20-year-old financial aid formula to better reflect changing college demographics. Contrasts aid received by students attending the University of…

The Secretary amends title 34 of the Code of Federal Regulations to establish regulations for the Teacher Education Assistance for College and Higher Education (TEACH) Grant program. The TEACH Grant program is a non-need-based grant program that provides up to $4,000 per year to students who are enrolled in an eligible program and who agree to…

On June 23, 2008, final regulations were published in the "Federal Register" to establish regulations for the Teacher Education Assistance for College and Higher Education (TEACH) Grant program. That document inadvertently included several minor technical errors. This document corrects the final regulations. These corrections are effective July…

The 2008 Public Policy Agenda summarizes the American Association of State Colleges and Universities' (AASCU's) principles and priorities in key areas of higher education policy. The document is intended to serve as a point of reference for federal and state policymakers, the association's members, and other interested organizations and…

Historically, tuition and fee rates of all North Dakota University System (NDUS) institutions (except the 2-year campuses), have been less than their regional counterparts. Average tuition and fee increases at NDUS institutions were significantly higher than their regional counterparts in 2004-05, 2005-06 and 2006-07. As a result, the gap between…

The use of private loans to finance college education has significantly increased in the last decade. Insufficient public financial aid support, a complex federal aid application process, aggressive marketing by private lenders, and an unwillingness by some parents to borrow under the federal PLUS program are leading students to take out what can…

Many public and private colleges give out substantial amounts of financial aid in excess of students' demonstrated financial need to attract the most talented students in a competitive marketplace. These colleges see merit aid as an investment in institutional quality. Since top students are in high demand, colleges may have to bid against each…

Nationally, state spending for public higher education has been declining as a proportion of state general fund expenditures. Traditionally state-appropriated budgets for public colleges and universities tend to be cut during times of economic crisis, but often these funds are not always restored once the crisis has passed. As a result "the…

Many political scientists maintain that public policies diffuse across states and that proximate states, in particular, influence one another's policy activities. Using state-funded merit aid for college as its case, this article takes a new approach to the study of the diffusion phenomenon, leaving behind conventional techniques used by…

Loans are a central component of college finance, yet research has generated a dearth of strong evidence of their effect on student choices. This article examines challenges to causal modeling regarding the effects of borrowing and the prospects of indebtedness on students' college-going behaviors. Statistical estimates of causal effects are…

Buried in a spending measure passed by the U.S. House of Representatives is a provision that could thwart Republican efforts to scuttle legislation designed to bolster the federal direct-loan program. The provision, which appears on the final page of the House's spending blueprint for the 2008 fiscal year, simply instructs the House education…

The public focuses, understandably, on rising college tuition rates, but the actual cost of higher education is not covered by tuition. At Cornell University, for example, the cost of education per student is approximately double the price of tuition, and that holds for many other institutions of higher education as well. In effect, tuition is…

Colleges may frequently be overspending by offering students larger financial-aid offers than are actually necessary to entice them to enroll, according to a working paper released in May by three economists. In a detailed examination of the admissions practices of two selective private colleges, the economists found that the colleges generally…

As college enrollments continue to increase, the disparity between middle-income white students and low-income students of color enrolling in private higher educational institutions continues to widen. Previous research has identified barriers such as access and equity in education, the high cost of education, and limited knowledge regarding…