A discussion of approaches for making higher education more affordable, with an emphasis on financial aid.
Written in 2007; 3,672 words; 14 sources; APA; $ 101.95
Paper Summary:
This paper presents an extensive discussion of past and present student financial aid programs in the US. The author cites relevant literature that calls for improvement in the current system. Several specific programs and proposals are addressed. Current legislation for financial aid reform is also highlighted. In particular, the author details the differences between grants and loans, and how they affect low income families. The paper concludes that individuals and society benefit economically and socially from higher education. This ideal can materialize only if education supersedes politics.
Table of Contents:
Higher Up
Goal to Superseding Politics
The Case Today
Paramount Concerns
Results and Recommendations
The Door to Higher Education
References
From the Paper:
"During the past 20 years, however, federal financial aid has veered from awarding grants. Loans, rather than grants, totaled 45% of federal student aid in 1981. Fifty-eight percent of federal aid to students was loan form during 2000. During the 1999-2000 academic year, more than one half of America's 16.5 million higher education students received some type of financial aid from federal, state, institutional, or other sources. Of this number, forty-four percent of undergraduates received grants, which averaged $3,500, while 29% of these students secured student loans, which averaged $5,100. (Camara & Kimmel, 2005, p. 45)"
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