Over the last three decades, college costs have increased nearly four times faster than median family income. Financial aid has not filled the growing gap, and the share of college costs not covered by financial aid or what the family is expected to contribute has risen sharply. Rising costs and rising debt make college a riskier investment for…

This report identities significant characteristics and implications of state programs that provide financial aid to students in private, independent non-profit colleges and universities and describes one program in detail, Virginia's Tuition Assistance Grant (TAG) Program. Following an introduction in Section 1, Section 2 reviews the scope of…

This annual report on college affordability provides information pertinent to tuition and fee decision making designed to assist Illinois college and university governing boards in finding a balance between keeping college affordable for students and generating sufficient revenue to defray a portion of the cost of providing quality instruction.…

This monograph investigates and discusses the various approaches of innovative financing initiatives in higher education which have developed over the last few years. The 16 chapters and authors are as follows: "Stresses in the Student Financial Aid System" (Martin Kramer); "Evolution and Prospects of Financing Alternatives for…