The growing use of financial awards to students regardless of demonstrated need has aroused much debate. Small private colleges with more limited curricular offerings in heavy competition for students are those using no-need awards most in an attempt to solve their problems of enrollment and academic stature. However, large public and private…

The validity of the basic assumptions underlying student grant programs is examined; namely, whether student aid increases access to postsecondary education for low income groups, whether student aid promotes student choice, and whether financing higher education through students greatly aids private institutions. The major conclusions of the…

Basic questions concerning the debate over tuition tax credits and expanded student aid and perspectives about the relationship between college costs and family income are discussed. The fundamental policy issues, rather than strictly economic issues, are the focus of attention. The most obvious challenge to existing policy has been support for…