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Press and Research

 
Increases in Fees

  1. Colleges and universities are finding new ways to charge students each semester in the form of institutional, collegewide, technology, health, and student-activity fees. "Posted tuition does not include other education-related costs borne by students such as books, special laboratory fees, and living expenses (room and board if living on campus, or rent or related housing costs if the student lives off campus)." J. Harvey, "Straight Talk about College Costs and Prices," National Commission on the Cost of Higher Education (1998).

Decreases in Grants

  1. "Presently Pell grants cover only 40% of public college tuition, down from 80% since 1980." Noel S. Anderson, "Borrowing Inequality: Race, Class and Student Loans," Teachers College Record, New York.
  2. "Financing for Pell Grants, the most common type of financial aid for low-income students, rose by 15 percent in the last year, after adjusting for inflation. While that signals an increase in money available to poor students, the growth was largely canceled out by an 11 percent increase in the number of students receiving Pell Grants. That means that the average Pell Grant increased by a mere 3 percent." E. Farrell, "Public-College Tuition Rise is Largest in Three Decades," Chronicle of Higher Education, 31 October 2003.

Loans Replacing Grants

  1. There has been a "two-decade trend in rising college prices as well as the increased reliance on student loans to finance higher education." D. V. Price, Borrowing Inequality: Race, Class, and Student Loans (Rienner Publishers, 2004), 7.
  2. "Since the early 1990s growth in guaranteed and direct loans has been enormous (a real increase of 114 percent between 1990–91 and 1997–98) but expenditures on the Pell program have risen by only 5 percent in real dollars. Thus, while federal aid in 1997–98 totaled $44.0 billion, up from only $25.6 billion in 1990–91 (in 1997–98 dollars), virtually all of the increase was in the form of loans rather than grants" (McPherson and Schapiro, 1999).
  3. "Over the past decade education-loan volume has grown by 173 percent. More students are turning to the private sector for additional loans to supplement federal loans." E. Farrell, "Public-College Tuition Rise Is Largest in Three Decades," Chronicle of Higher Education, 31 October 2003.
  4. "According to the American Council on Education, the increase in student loan debt over the last few years has been dramatic—in 1988, 4.5 million students took out $11.8 billion in loans, while a projected 6.6 million students will take out $25.8 billion in 1995." "Graduates' Ball and Chain: Does the Burden of Debt Limit Choices?" Change, March 1995, 27(2): 55-9.

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