The Student Aid Game ebook
by Morton Owen Schapiro,Michael S. McPherson
Michael S. McPherson is President of Macalester College.
ISBN-0-691-05783-4 1998-00-00 168p. Books (010) MF01/PC07 Plus Postage.
US Higher Education Finance.
Using economic concepts and tools to provide insight into these pressing questions, Paying the Piper helps us to understand the recent past, anticipate the future, and develop policies that can influence the future. Rising tuitions and shrinking government budgets have pushed questions about productivity and resource use in . higher education to the fore. higher education, identify real problems, and carefully analyze potential solutions.
The Student Aid Game. Princeton University Press.
Michael McPherson is a Senior Fellow at the Mellon Foundation. He co-chaired the American Academy of Arts and Sciences Commission on the Future of Undergraduate in Education that released its report, The Future of Undergraduate Education, The Future of America, in 2017. He was President of the Spencer Foundation from 2003 until 2017. He is co-author of The Student Aid Game, Keeping College Affordable, Crossing the Finish Line: Completing College in America’s Public Universities, and Lesson Plan: An Agenda for Change in American Higher Education.
Williams College - Department of Economics. President, Professor of Economics. University of Pennsylvania - Department of Economics, University of California at Santa Cruz, Macalester College and Williams College - Department of Economics. Downloads 702 (34,914).
Student aid in higher education has recently become a hot-button issue. Parents trying to pay for their children's education, college administrators competing for students, and even President Bill Clinton, whose recently proposed tax breaks for college would change sharply the federal government's financial commitment to higher education, have staked a claim in its resolution. In The Student Aid Game, Michael McPherson and Morton Owen Schapiro explain how both colleges and governments are struggling to cope with a rapidly changing marketplace, and show how sound policies can help preserve the strengths and remedy some emerging weaknesses of American higher education.
McPherson and Schapiro offer a detailed look at how undergraduate education is financed in the United States, highlighting differences across sectors and for students of differing family backgrounds. They review the implications of recent financing trends for access to and choice of undergraduate college and gauge the implications of these national trends for the future of college opportunity. The authors examine how student aid fits into college budgets, how aid and pricing decisions are shaped by government higher education policies, and how competition has radically reshaped the way colleges think about the strategic role of student aid. Of particular interest is the issue of merit aid. McPherson and Schapiro consider the attractions and pitfalls of merit aid from the viewpoint of students, institutions, and society.
The Student Aid Game concludes with an examination of policy options for both government and individual institutions. McPherson and Schapiro argue that the federal government needs to keep its attention focused on providing access to college for needy students, while colleges themselves need to constrain their search for strategic advantage by sticking to aid and admission policies they are willing to articulate and defend publicly.