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Use of non-need-based aid in pursuit of tuition revenue and prestige is driving up the cost of college for low-income families, New America Foundation report finds.
A new report on rethinking financial aid calls for splitting the main federal need-based-aid program in two, with one grant for adult students and another for traditional-age students.
Vanderbilt has seen average student debt decline due to “singular focus” on fund raising for need-based financial aid, a potential model for other universities. Hopkins has taken similar approach.
After a slew of complaints about federal and private loan processing and collection, Consumer Financial Protection Bureau seeks oversight of the largest servicers.
At meeting of private college presidents, campaign to discourage use of student aid that is not tied to financial need gains some momentum.
Report finds that state merit aid programs have only a small effect on whether graduates stay in-state after college.
Policy change in Iowa reflects increased public skepticism about using tuition revenue for financial aid. Will such shifts end an unfair burden on middle-class students or abandon low-income students?
Facing financial constraints and public pressure over students’ debt, some colleges move away from need-blind admissions -- which are often costly to the institution and students -- in favor of reducing "gapping."
New paper finds that admissions and financial aid policies play a larger role than tuition prices do in driving student debt.
Grinnell College, one of the wealthiest liberal arts colleges, says its current financial aid policy is unsustainable, raising questions for other need-blind institutions.
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