Prices: Financial Aid Books

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  Aiding Students, Buying Students: Financial Aid in America

  From the first scholarship donated to Harvard in 1643 to today's world of "enrollment management" and federal grants and loans, the author gives a lively social and economic history of the conflicting purposes of student aid and makes proposals for the future. His research for this book is based on archives and interviews at 131 public and private institutions across the United States.In the words of Joe Paul Case, Dean and Director of Financial Aid, Amherst College, "Wilkinson has mined the archives of dozens of institutions to create a mosaic that details the progress of student assistance from the 17th century to the present. He gives particular attention to the origins of need-based assistance, from the charitable benevolence of early colleges to the regulation-laden policies of the federal government. He gives due consideration to institutional motive--he challenges the egalitarian platitudes of affluent colleges and questions the countervailing market and economic forces that may imperil need-based aid at less competitive institutions. By drawing on scores of personal interviews and exchanges of correspondence with aid practitioners, Wilkinson fleshes out recent decades, helping the reader to understand new trends in the provision of aid."

  $45.00

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  Redesigning the Financial Aid System: Why Colleges and Universities Should Switch Roles with the Federal Government

  As the cost of higher education continues to rise, students and their families find it increasingly difficult to navigate the financial aid maze. In Redesigning the Financial Aid System, economist Robert Archibald examines the history of the system and its current flaws, and he makes a radical proposal for changing the structure of the system. Archibald argues that one of the problems with the current model—in which universities are responsible for the majority of grants while the federal government provides student loans—is that a student cannot know the final price of attending a given institution until after he or she has applied, been accepted, and received a financial aid offer. As a result, students remain largely uninformed about the cost of their college educations until very late in the decision-making process and so have difficulty making a timely choice. In addition, financial aid information is kept private, creating confusion over the price of a college education and the role of financial aid.Under Archibald's proposed reforms, the federal government would assess a student's financial need and provide need-based grants, while institutions would be responsible for guaranteeing student loans. Not only would this new system demystify financial aid and allow students to be better informed about the cost of college earlier in the process, but it would greatly simplify the application procedure and prevent financial aid allocation from contributing to the problem of rising tuition costs. Archibald's clear explanation of the current system—its impact, strengths, and weaknesses—as well as his plans for reform, will be of interest to educators, administrators, students, and parents.

  $39.67

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  The Lowering of Higher Education in America: Why Financial Aid Should Be Based on Student Performance

  After a half-century of teaching, distinguished educator Jackson Toby concludes that all too often, our current system gives high school students the impression that college is an entitlement and not a challenge. The Lowering of Higher Education: Why Financial Aid Should be Based on Student Performance is Toby's unflinching look at this broken system and the ways it can be fixed.The Lowering of Higher Education documents just how far college admission standards have fallen, then measures the cost of remedial programs for underprepared high school students just to get them to where they should have been in the first place. Toby also pulls no punches on the issue of grade inflation, which rewards laziness while demoralizing hard-working students. In conclusion, Toby proposes an innovative solution: base financial aid solely on academic performance, creating a compelling incentive for students to develop serious attitudes and study approaches in high school.

  $31.77