The authors do not quarrel with the assumption that increasing financial aid would boost college going. Yet a conundrum exists. Some state agencies have the potential to provide more resources than what college-bound students request. The federal government also has an excess of money in various aid programs. Of course, the authors do not ignore…

This paper discusses the relationship between education and earnings, explaining that most states still consider college preparatory courses to be electives, and the skills and content needed for further education are not typically reflected in state high school assessments. It discusses the implications of this mismatch for young people, focusing…