The high tuition/high student aid approach will not only change how higher education is financed, it will also have powerful political and educational consequences, using student and parental contributions as a means of redistributing income. Current economic conditions offer an opportunity to more clearly define shared responsibilities for higher…

No matter what the rationale for high tuition, unless it is controlled, the average American family will not be able to afford a private college or university education. What is needed is a flexible tuition prepayment plan built on cooperation between private institutions, the federal government, and investment firms. Requirements of a successful…