ERIC Number: ED591726
Record Type: Non-Journal
Publication Date: 2017-Mar
Pages: 12
Abstractor: ERIC
ISBN: N/A
ISSN: N/A
EISSN: N/A
Limited Means, Limited Options: College Remains Unaffordable for Many Americans. Technical Appendix
Poutré, Alain; Rorison, Jamey; Voight, Mamie
Institute for Higher Education Policy
Higher education offers people from all walks of life the opportunity to achieve a more secure future for themselves and their families. The country was built in part on the idea that, with hard work and a good education, any American should be able to climb the ladder of social and economic mobility. The very notion of the American Dream is based on that concept of freedom--that people are not condemned to a particular social or economic class. Unfortunately, high college costs are stymieing progress for Americans of limited financial means, undermining basic ideals of opportunity and fairness. Data show wide variation in affordability between students with different income backgrounds. In fact, although the student from the highest income quintile in these analyses could afford to attend 90 percent of colleges in the sample, the low- and moderate-income students with fewer financial resources could only afford 1 to 5 percent of colleges. While it is clear that very few colleges meet a reasonable threshold of affordability for students of modest means, federal, state, and institutional policymakers can help level the playing field. This is the technical appendix for the report. Contents of the appendix include: (1) Research Concept; (2) Student Profiles; (3) Net Price Calculators; (4) Sample Colleges; (5) Additional Affordability Models; and (6) Glossary of Key Terms. [To view the report, "Limited Means, Limited Options: College Remains Unaffordable for Many Americans," see ED591563.]
Descriptors: Higher Education, Paying for College, Access to Education, Student Financial Aid, Costs, Profiles, College Freshmen, Full Time Students, In State Students, Fees, Tuition, Need Analysis (Student Financial Aid), Federal Aid, Grants, Student Loan Programs, Educational Legislation, Federal Legislation
Institute for Higher Education Policy. 1825 K Street Suite 720, Washington, DC 20006. Tel: 202-861-8223; Fax: 202-861-9307; e-mail: institute@ihep.org; Web site: http://www.ihep.org
Publication Type: Reports - Descriptive
Education Level: Higher Education; Postsecondary Education
Audience: N/A
Language: English
Sponsor: Lumina Foundation
Authoring Institution: Institute for Higher Education Policy (IHEP)
Identifiers - Laws, Policies, & Programs: Pell Grant Program; Stafford Student Loan Program; Higher Education Act Title IV
Grant or Contract Numbers: N/A