Student borrowing for higher education has increased dramatically, and some students begin their adult lives with considerable debt. Financial burden measures should be incorporated into student loan repayment requirements and used to adjust either monthly or annual repayments or the period of repayment. Reducing debt burden would help make…

This paper outlines a proposal for restructuring student aid for higher education based on the book "Keeping College Affordable: Government and Educational Opportunity" by Michael S. McPherson and Morton Owen Schapiro. The paper argues that transferring costs to federal government programs will ensure that equal opportunity and human…

This book is intended as an overview of the financial management challenges facing colleges and universities. Among the problems identified as affecting institutions are: the demographic decline in the number of 18-year-olds; the belief that tuition costs have become prohibitive for an increasing number of families; reductions in federal subsidies…

Argues for the comprehensive revision of funding relationships and mechanisms in British higher education, based on the principle of entitlement to lifetime learning. Outlines and discusses the concept of a Learning Bank to manage funding equitably, create a credit-based system of learning, provide flexibility through individual "learning…

The annual survey by the College Board of student financial aid traces development of a system that has grown dramatically, is now dominated by federal student loan programs, and has undergone a long-term shift in purpose from creating access for the disadvantaged to broadening choice and convenience for the middle class. These developments have…

This report summarizes the views and attitudes toward higher education of 43 leaders from Detroit (Michigan), Memphis (Tennessee), Cherry Hill (New Jersey), and San Antonio (Texas). The study found that the leaders' views were nearly opposite of those held by the American public as reported in two related publications. These community leaders know…

This paper examines the shortcomings of the existing federal system for providing student financial aid and evaluates the use of tuition tax credits and expanded Individual Retirement Accounts (IRAs) two of the largest educational provisions contained in the Balanced Budget Act of 1997. It finds that tuition is continuing to rise, college…

This article compares higher education and health care affordability, discussing overall expenditures, the role of government, the impact on private business, social values, institutional confidence, and demand factors. It argues that, although college affordability is a serious problem, it will not dominate future public policy debates to the…

A discussion of the high level of student borrowing to pay for higher education looks at the situation today, examines college cost and aid trends, explores implications for the future if students continue to increase their borrowing, and offers a proposal to create a new generation of loan forgiveness programs through a public/private…

In order to encourage efforts to improve access to postsecondary education, this booklet offers data on students, enrollments, and financial aid. A highlights section opens the booklet. A section on the college student describes six actual students and discusses the diversity of the current student body in terms of race/ethnicity, gender, age,…

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)…

This book maintains that federal subsidies to higher education have allowed American colleges and universities to overstaff, overspend, and overbuild, creating an economic, academic, and moral crisis in higher education. The book argues that, although American colleges and universities are the envy of the world, government funding has subsidized…

Millions of World War II veterans took advantage of the legislative drive establishing the Serviceman's Readjustment Act of 1944, the GI Bill. A Department of Veterans Affairs report examined how Vietnam veterans fared in higher education. Based on college participation rates (actually, training starts), not completion rates, Vietnam veterans…

Research shows that the benefit structure of the GI Bill has discouraged veterans from using the education entitlement. Over 1,000 Florida Vietnam veterans completed a survey on education and the GI Bill. The collective experience provides insight to post-wartime readjustment efforts. Case studies and stories of Vietnam War veterans' educational…

This report presents the results of a study of higher education in California, focusing on the impending fiscal crisis of increasing demand, tuition, and costs. The study found that at a time when the educational needs for productive employment are increasing, college costs and demand are rising faster than funding. Until now, institutions have…