This study tested the Bennett hypothesis by examining whether four-year colleges changed listed tuition and fees, the amount of institutional grants per student, and room and board charges after their states implemented statewide merit-based aid programs. According to the Bennett hypothesis, increases in government financial aid make it easier for…

Given the stakes and the current economic climate, U.S. higher education officials across the country are stepping up their advocacy efforts, making their voices louder and more persistent than ever. They are vying for the attention of states struggling with increased demands for limited revenues, most choosing to divert dollars from higher…

Schools and universities across the United States have been forced to cope with a grim financial situation that has left them without adequate resources. Administrators are cutting programs, reining in salaries and jettisoning employees to keep operating budgets in line. Education institutions also have had to shutter facilities or postpone,…