This essay, shortlisted for the AHUA Dr Jonathan Nicholls Memorial Essay Prize, addresses recent policy attention on student maintenance funding in the United Kingdom. It proposes the establishment of a graduate-funded endowment in lieu of other measures such as increased parental contributions or the imposition of a graduate tax. After discussing…

According to 2018 research conducted by APM Research Lab, the research arm of the nonprofit public radio organization American Public Media, most Americans believe that government funding for higher education has increased or at least held firm over the last ten years. That is not the case, however. According to the Center on Budget and Policy…

The cost for higher education increased nearly 55% from 2002 to 2012, while state appropriations decreased 12% over the same time period (Government Accountability Office, 2014). The cost burden has been shifted heavily on students and their families as institutions have raised the cost of attendance in order to make up for declines in state…

Universities represent institutions of learning, research and knowledge but are also "not-for-profit" charitable organisations delegated the charitable purpose of advancing education and public benefit. Charity law differentiates the obligations, values and philosophies of "not-for-profit" and for profit organisations. Policy…

At Northeast State Community College (NeSCC) nearly 70% of students need some form of financial aid to attend. State support is flattening or decreasing and the gap is filled by private donors' support (Northeast State Community College, 2011). Hundreds of donors have made significant contributions to aid in the education of those in the Northeast…

The published prices on which the analysis in "Trends in College Pricing" is based come from data reported by institutions on the College Board's Annual Survey of Colleges. This survey, which is distributed to nearly 4,000 postsecondary institutions across the country, collects a wealth of data on enrollment, admission, degrees and…

On November 10, 2005, then Superintendent of the Kalamazoo Public School System, Janice Brown announced--to the surprise of Kalamazoo's residents--the beginning of the Kalamazoo Promise. Fully funded by a set of anonymous donors, the Kalamazoo Promise is an urban revitalization program that offers up to four years of free tuition to any public…

Wide disparity exists in philanthropic giving to public, two-year community colleges as compared to public, four-year universities. Recent estimates indicate that 0.5 to 5% of all private philanthropic giving to U.S. higher education annually goes to public, two-year community colleges, with the remainder going to public and private four-year…

In John Steinbeck's classic novel "The Pearl," a poor Mexican fisherman finds a valuable pearl in an oyster. But instead of leading to riches, the "treasure" brings him only envy among his neighbors and violence against his family. He can't even convert the pearl to cash. Comparable drama is familiar fare for today's fund-raising professionals and…

Contrasts the reactions of Swarthmore College and Pennsylvania State University as the endowments at both institutions topped the billion dollar mark in 2000. Swarthmore uses its endowment to assure that financial need is never considered in admissions decisions, but does not touch the principal. At Pennsylvania State, tuition is more affordable,…

Reports on a $1 billion dollar grant from Bill and Melinda Gates to send 20,000 low-income minority students to college. The Gates Millenium Scholars Program will require students to demonstrate financial need and maintain a 3.0 grade point average in college. A list of the largest private gifts to higher education since 1967 is also provided. (DB)

The report presents information collected by the U.S. General Accounting Office on the Supplemental Loans for Students (SLS) program, which provides market rate loans to postsecondary students in addition to, or in lieu of, other financial aid such as Stafford Loans and Pell grants. Some of the data are as follows: over $3.2 billion in SLS loans…

The paper examines the effect of a shock to university funding on tuition net of financial aid, admissions selectivity, and enrollment levels chosen by an optimizing university. Whereas a positive shock, such as a major donation, results in lower net tuition and greater selectivity with respect to all students, its effect on enrollment may not be…