Crisis Point : How Enrollment Management and the Merit-Aid Arms Race Are Derailing Public Higher Education / Stephen Burd.
This report analyzes data from 2001-2017 to examine public four-year universities' spending on financial aid dollars--specifically between non-need-based and need-based aid. Our researcher found that these universities have spent nearly $32 billion of their own financial aid dollars on students...
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| Format: | eBook |
| Language: | English |
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2020.
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| 100 | 1 | |a Burd, Stephen. | |
| 245 | 1 | 0 | |a Crisis Point : |b How Enrollment Management and the Merit-Aid Arms Race Are Derailing Public Higher Education / |c Stephen Burd. |
| 264 | 1 | |a [Place of publication not identified] : |b Distributed by ERIC Clearinghouse, |c 2020. | |
| 300 | |a 1 online resource (52 pages) | ||
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| 500 | |a Availability: New America. 740 15th Street NW Suite 900, Washington, DC 20005. Tel: 202-986-2700; Fax: 202-986-3696; Web site: https://www.newamerica.org. |5 ericd. | ||
| 500 | |a Sponsoring Agency: Joyce Foundation. |5 ericd. | ||
| 500 | |a Sponsoring Agency: Bill and Melinda Gates Foundation. |5 ericd. | ||
| 500 | |a Abstractor: As Provided. |5 ericd. | ||
| 500 | |a Educational level discussed: Higher Education. | ||
| 500 | |a Educational level discussed: Postsecondary Education. | ||
| 516 | |a Text (Reports, Evaluative) | ||
| 520 | |a This report analyzes data from 2001-2017 to examine public four-year universities' spending on financial aid dollars--specifically between non-need-based and need-based aid. Our researcher found that these universities have spent nearly $32 billion of their own financial aid dollars on students who lack financial need, according to an analysis New America conducted prior. About $2 out of every $5 these public universities provided went to non-needy students--those whom the federal government deems able to afford college without financial aid. For generations, public colleges and universities, with the help of the federal government and states, provided a low-cost higher education to students in their home states. By keeping their prices low, these schools offered students from low-income and moderate-income families a gateway to the middle class. The more public universities engage in these practices, the harder it gets for others to resist for fear of putting themselves at a competitive disadvantage. As a result, schools that provide generous amounts of non-need-based aid cannot rest easy. They have to keep ratcheting up their scholarships or discounts to try to stay ahead of their competition, creating an ever-expanding arms race. Our analysis shows this "merit-aid" arms race at work. | ||
| 524 | |a New America. |2 ericd. | ||
| 650 | 0 | 7 | |a Enrollment Management. |2 ericd. |
| 650 | 0 | 7 | |a Public Colleges. |2 ericd. |
| 650 | 0 | 7 | |a Need Analysis (Student Financial Aid) |2 ericd. |
| 650 | 0 | 7 | |a Expenditures. |2 ericd. |
| 650 | 0 | 7 | |a Student Financial Aid. |2 ericd. |
| 650 | 0 | 7 | |a Privatization. |2 ericd. |
| 650 | 0 | 7 | |a Low Income Students. |2 ericd. |
| 650 | 0 | 7 | |a Working Class. |2 ericd. |
| 650 | 0 | 7 | |a Economic Climate. |2 ericd. |
| 650 | 0 | 7 | |a Financial Needs. |2 ericd. |
| 650 | 0 | 7 | |a Merit Scholarships. |2 ericd. |
| 710 | 2 | |a New America. | |
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