Integrating Financial Aid and Financing Policies


Book Description

In November 2001, with funding support from Lumina Foundation for Education, the Western Interstate Commission for Higher Education (WICHE), in partnership with the American Council on Education (ACE), the State Higher Education Executive Officers (SHEEO), and the National Conference of State Legislatures (NCSL), initiated the "Changing Direction: Integrating Higher Education Financial Aid and Financing Policies" project to explore state-level strategies to better align financing and financial aid policies and support more informed decision making on issues surrounding financial aid and financing in higher education. These case studies of Arizona, Connecticut, Florida, Missouri, and Oregon were designed to help equip policymakers and higher education leaders from all sectors more effectively address key public policy issues concerning the structuring of financing and financial aid to achieve goals of access to quality higher education. The overarching question the project hoped to address through the case studies and other project activities was: How can policymakers at all levels (most particularly those at the state level) more effectively integrate tuition, financial aid, and appropriations policies in ways that promote student participation and completion? The results of the states' work are linked back to the overall goals and objectives of the project in an effort to illustrate how the integration of public policies around financing and financial aid might be approached. The overview chapter highlights a number of milestones and accomplishments: (1) States engaged key leadership; (2) New policies developed by the states; (3) States sustained a discussion and laid the ground for further work; and (4) Special studies commissioned by the states. One of the central questions asked by case study authors in the final analysis is: within the context of the state, how important were the achievements of the technical assistance states? The "Changing Direction" project has provided a platform in these five states for a new conversation that helps policymakers and higher education leaders think creatively and constructively about the relationships among appropriations, tuition, and financial aid. They are looking at these issues in a more holistic, coordinated manner than they have in the past. Individual state case study reports provide greater detail and narrative on developments in the states. [For report of the second and third cohorts, see ED500787.].




Thinking Outside the Box


Book Description

In partnership with the American Council on Education's Center for Policy Analysis, the National Conference of State Legislatures, and the State Higher Education Executive Officers, the Western Interstate Commission for Higher Education (WICHE) has been working to advance the overarching goal of the Changing Direction project, which was to examine how to structure financial aid and financing policies and practices to maximize participation, access, and success for all students. As this project concludes, WICHE is issuing a challenge not only to those who have participated in the project but also to others who are just beginning to think about these important issues. "Thinking Outside the Box: Policy Strategies for Readiness, Access, and Success" provides a systematic discussion of policy alignment around each of these three primary objectives, and examines them in the light of four policy tools: finance, regulation, accountability, and governance. (Contains 6 figures and 65 endnotes.).




Public Funding of Higher Education


Book Description

Much of the twentieth century saw broad political support for public funding of American higher education. Liberals supported public investment because it encouraged social equity, conservatives because it promoted economic development. Recently, however, the politics of higher education have become more contentious. Conservatives advocate deep cuts in public financing; liberals want to expand enrollment and increase diversity. Some public universities have embraced privatization, while federal aid for students increasingly emphasizes middle-class affordability over universal access. In Public Funding of Higher Education, scholars and practitioners address the complexities of this new climate and its impact on policy and political advocacy at the federal, state, and institutional levels. Rethinking traditional rationales for public financing, contributors to this volume offer alternatives for policymakers, administrators, faculty, students, and researchers struggling with this difficult practical dynamic. Contributors: M. Christopher Brown II, Pennsylvania State University; Jason L. Butler, University of Illinois; Choong-Geun Ching, Indiana University; Clifton F. Conrad, University of Wisconsin–Madison; Saran Donahoo, University of Illinois; James Farmer, JA-SIG uPortal; James C. Hearn, Vanderbilt University; Janet M. Holdsworth, University of Minnesota; Don Hossler, Indiana University; John R. Thelin, University of Kentucky; Mary Louise Trammell, University of Arizona; David J. Weerts, University of Wisconsin–Madison; William Zumeta, University of Washington




The Finance of Higher Education


Book Description

A wide-ranging examination of the governmental and institutional policies and practices, and essential theories and areas of research that in combination establish the foundation, explore and extend the boundaries, and expand the base of knowledge in the field of higher education finance. (Education)




State Financial Aid


Book Description

Financing and financial aid issues in higher education continue to plague state policymakers and higher education leaders. Every year, they struggle with questions of how to meet growing needs through state allocations, how best to ensure shared and equitable responsibility for paying for higher education, and how best to use subsidies such as financial aid to expand access and promote success, especially when economic futures are uncertain. States continue to search for better solutions to these problems, as well as for better ways of encouraging student access and success. This report is an examination of how state policies enhance student articulation and transfer and, ultimately, student success. This study is part of WICHE's project "Changing Direction: Integrating Higher Education Financial Aid and Financing Policy," which examines how to structure financial aid and financing policies and practices in order to maximize participation, access, and success for all students and to promote more informed decision making on financial aid and financing issues in higher education. Appended is: Descriptions of the State Financial Aid Programs Targeting Transfer. (Contains 4 tables, 1 figure, and 20 endnotes.).




Strategies for Improving Student Success in Postsecondary Education. Changing Direction


Book Description

The U.S. record in promoting student readiness for, access to, and success in postsecondary education has been mixed. College participation rates are among the highest in the world, but other indicators are marginal, at best. Available data indicate that levels of college readiness in the U.S. are not what they should be, and degree-completion rates are average to below average among industrialized nations. This leads to two questions: (1) Why has the U.S. done so much better at achieving high levels of access than in promoting student readiness and success?; and (2) Why have equity gaps throughout the postsecondary educational pipeline proved so difficult to close over a prolonged period of time? This paper explores three possible explanations for the current state of affairs, and makes four suggestions for changes in state policies that would help improve retention and degree-completion rates for a broad range of students. The paper concludes with a brief discussion of what areas of research and analysis might be pursued to help better understand what policies may be needed to achieve higher levels of student success. (Contains 2 tables and 24 endnotes.).




Student Financing of Higher Education


Book Description

The financing of higher education is undergoing great change in many countries around the world. In recent years many countries are moving from a system where the costs of funding higher education are shouldered primarily by taxpayers, through government subsidies, to one where students pay a larger share of the costs. There are a number of factors driving these trends, including: A push for massification of higher education, in the recognition that additional revenue streams are required above and beyond those funds available from governments in order to achieve higher participation rates Macroeconomic factors, which lead to constraints on overall government revenues Political factors, which manifest in demands for funding of over services, thus restricting the funding available for higher (tertiary) education A concern that the returns to higher education accrue primarily to the individual, rather than to society, and thus students should bear more of the burden of paying for it This volume will help to contribute to an understanding of how these trends occur in various countries and regions around the world, and the impact they have on higher education institutions, students, and society as a whole. With contributions for the UK, USA, South Africa and China this vital new book gives a truly global picture of the rapidly changing situation




Financing College Tuition


Book Description

A college education has been the key to higher real wages and living standards. But as college enrollment has increased, so has the difficulty in paying for higher education.