By Rupert Wilkinson
From the 1st scholarship donated to Harvard in 1643 to modern international of "enrollment administration" and federal promises and loans, the writer offers a full of life social and fiscal background of the conflicting reasons of pupil relief and makes proposals for the longer term. His study for this publication relies on data and interviews at 131 private and non-private associations around the United States.In the phrases of Joe Paul Case, Dean and Director of economic reduction, Amherst collage, "Wilkinson has mined the documents of dozens of associations to create a mosaic that info the development of pupil the aid of the seventeenth century to the current. He offers specific awareness to the origins of need-based counsel, from the charitable benevolence of early faculties to the regulation-laden guidelines of the government. He offers due attention to institutional motive--he demanding situations the egalitarian platitudes of prosperous faculties and questions the countervailing industry and fiscal forces which can imperil need-based relief at much less aggressive associations. by means of drawing on rankings of private interviews and exchanges of correspondence with relief practitioners, Wilkinson fleshes out contemporary many years, supporting the reader to appreciate new tendencies within the provision of aid."
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Extra info for Aiding Students, Buying Students: Financial Aid in America
Should tuition be kept low, benefiting a large class range of students, some of whom could pay more? Or should the college boost tuition while giving much more back in aid to low-income students? 13 All three main types of student aid—grants or fee reductions, loans, jobs—go back to medieval times. Strictly speaking, loans and jobs are only “aid” if they provide something students cannot usually find so easily on the open market. Student loans should count as aid if they are provided on special terms: low or zero interest rates or extended periods for repayment.
19 To give a sense of different purposes, we can take a snapshot of the private donors (mainly of scholarships but also of loan funds) that have proliferated over time. They include direct donors to students as well as to college scholarship funds. They range from church groups and alumni (both important historically in building college endowments) to corporations and unions, from the Armenian Students of America to the National Council of State Garden Clubs, which offers scholarships in environmental studies as well as horticulture.
May include some with living father but giving no information on him. 13 Progressive tendencies notwithstanding, most grant aid went to the upper and middle classes, as they made up most of the students. This was broadly in line with two findings, two centuries apart, from Harvard. A study of Salem, Massachusetts, in the 1740s through the 1760s found that the families of local Harvard scholarship students were poorer than other Salem Harvard students but richer than most Salem families. 14 In both periods, scholarship aid required financial need, yet compared to the general population, almost all Harvard students, indeed college students as a whole, were relatively rich.
Aiding Students, Buying Students: Financial Aid in America by Rupert Wilkinson