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…

The "voucher system" refers to one type of system the government may employ to channel tax funds into public services. Its distinguisihing feature is that it distributes funds directly to individual citizens instead of public institutions, i.e., the individual is given a voucher to purchase the services he chooses. This report focuses on…

Statements, tables, and letters relating to the (Basic Opportunity Grant) program provide materials pertaining to eligibility status and income range, net assets by total income, average family contribution by total income, home equity for all qualified dependent applicants, and family size allowance. (MJM)

This report reviews the status of higher education student financial aid in Maryland in relation to equal educational opportunity, increasing dynamics of the marketplace, social necessity, general college and attendance data, general trends in the growth of higher education, a student's ability to pay, federally sponsored student aid programs, the…

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…