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Tution Discussion

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Can someone help me in articulating this? Do you feel that the "high tuition/high aid" off-set model is a creative way of spreading the tuition burden among students or is it another example of institutional socialism?

Outcome:
Communicate an in-depth understanding of state, federal, and private sources of funding for higher education.

Learning Objective:
Analyze the relationship between federal financial aid and tuition growth.

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Solution Summary

The solution talks about some issues related to tuition growth and financial aid, in both the public and private sector.

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Thank you for posting today. It is my goal to provide ideas, definitions, research help, and instructions on how you, the student, should approach the assignment.

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"WASHINGTON-Increases in published prices for two-year and four-year public institutions in 2007-08 were slightly larger than in 2006 but lower than the average rates of growth over the past five years. Nearly half a million students received awards in 2006 under two new federal student grant programs. Though higher than the previous year, total federal grant funding to undergraduates was still lower in 2006-07 than it was three years earlier, after adjusting for inflation. The College Board released these and other higher education pricing and aid statistics today in its annual "Trends in College Pricing 2007" and "Trends in Student Aid 2007" reports.

At private four-year colleges and universities, where prices have risen somewhat less rapidly in recent years than they have in the public sector, the 2007-08 increase is similar to last year's, but higher than the average over the past five years. At all institutions, the average net prices that students pay after considering grant aid are lower than the published prices. Although the dollar increases in net price are significantly smaller than those of published prices, the net price rate of growth has been comparable to that of published prices in the private sector over the past five years, and more rapid than growth in published prices in the public sector.

In 2006-07, the most recent year for which data on student aid are available, estimated growth in student borrowing slowed. Borrowing from private sources continued to increase as a share of education loans but grew more slowly in 2006-07 as federal PLUS Loans became available to graduate students.

"We release these reports every year to provide accurate data on the price of higher education and on the financial aid available to help students and families pay that price. At the same time, we are engaged in expanding our advocacy efforts to work with member colleges and universities and inform public policy to open the door to college for more students," said Gaston Caperton, president of the College Board. "The College Board's Rethinking Student Aid project, co-led by the reports' co-author Sandy Baum, senior policy analyst for the College Board and professor at ...

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