Keeping College Affordable in California

Keeping College Affordable in California
Author: California State Postsecondary Education Commission, Sacramento
Publisher:
Total Pages: 32
Release: 2006
Genre:
ISBN:

This report presents the policy options for legislative action that were adopted by the California Postsecondary Education Commission at its December 12, 2006, meeting. In adopting these policy options the Commission reviewed findings and recommendations from a Special Panel on Affordability composed of experts and stakeholders appointed by the Commission to examine college affordability in California. The report of the special panel is attached ("Keeping College Affordable in California. A Report of the Special Panel on Affordability to the California Postsecondary Education Commission"). The Commission also considered policy options based on research and expert information compiled by the Commission's staff. Many of the college affordability policy options adopted by the Commission were informed by the work of the panel, but also reflect findings of the Commission based on additional expert sources as well. Appended are: (1) Cost of Attendance, Gift Aid, and Loan Statistics for Need-Based Aid Recipients in Constant Dollars; (2) Dependent Full-Time Undergraduate Students NPSAS Data Indexed to 2005-06; and (3) CSU Comparable Institutions. (Contains 5 displays.).

Keeping College Affordable

Keeping College Affordable
Author: Michael S. McPherson
Publisher: Brookings Institution Press
Total Pages: 286
Release: 1991
Genre: Business & Economics
ISBN:

This book assesses the role of government subsidies for higher education -- especially but not exclusively federal student aid -- in keeping college affordable for Americans of all economic and social backgrounds. The authors examine the effects of student aid policies of the last twenty years.

The Affordability Challenge in California Higher Education

The Affordability Challenge in California Higher Education
Author: California State Postsecondary Education Commission, Sacramento
Publisher:
Total Pages: 60
Release: 2007
Genre:
ISBN:

California's Master Plan for Higher Education represented a promise, of an affordable college education, to every person who could benefit. For decades, California's lawmakers honored that promise. Rapidly increasing college fees, coupled with higher costs for room and board, books, transportation, and healthcare are pricing students out of higher education or burdening them with excessive debt. This anthology of the California Postsecondary Education Commission's research provides insights into why college is less affordable and what California's leaders can do to make higher education affordable once again. There are five Commission documents in this anthology. These include: (1) Recommended Policy Options and a Panel Report on College Affordability (Report 06-22, December 2006); (2) Keeping College Affordable in California: A Report of the Special Panel on Affordability to the California Postsecondary Education Commission (December 2006); (3) Developing a Statewide Higher Education Affordability Policy (June 2006); (4) Development of a New Commission Policy on Higher Education Affordability: A Set of Principles; and (5) Resident Undergraduate Student Fees -- Issues and Options (March 2006).

California Community Colleges

California Community Colleges
Author: William Zumeta
Publisher:
Total Pages: 88
Release: 2007
Genre:
ISBN:

This report highlights the affordability gaps faced by California's community colleges. Despite the lowest tuition in the country and tuition waivers for the lowest-income students, many California students struggle to afford the total cost of education, which includes housing, food, health care, and textbooks. And although California students are generally lower-income than students in other states, fewer of them receive financial aid. As a result, students in California take fewer classes and work longer hours than do students in other states. The report urges strengthening financial aid programs, increasing student utilization of existing financial aid, and using revenues from modest tuition increases to support programs to improve student success. It also cites some practices, including the Board Financial Assistance Program (BFAP), that have been successful in assisting more students in receiving financial aid. Continued research into effective community college financial aid practices is being conducted by another grantee, the Institute for College Access and Success. The following are appended: (1) Textbook Costs and Strategies to Contain Them; and (2) Rough Cost Projections for Cal Grant and Fee Matching Funds Policy Recommendations. (Contains 65 footnotes, 8 figures, and 16 tables.).

The College Solution

The College Solution
Author: Lynn O'Shaughnessy
Publisher: FT Press
Total Pages: 305
Release: 2008-06-06
Genre: Business & Economics
ISBN: 0132703327

“The College Solution helps readers look beyond over-hyped admission rankings to discover schools that offer a quality education at affordable prices. Taking the guesswork out of saving and finding money for college, this is a practical and insightful must-have guide for every parent!” —Jaye J. Fenderson, Seventeen’s College Columnist and Author, Seventeen’s Guide to Getting into College “This book is a must read in an era of rising tuition and falling admission rates. O’Shaughnessy offers good advice with blessed clarity and brevity.” —Jay Mathews, Washington Post Education Writer and Columnist “I would recommend any parent of a college-bound student read The College Solution.” —Kal Chany, Author, The Princeton Review’s Paying for College Without Going Broke “The College Solution goes beyond other guidebooks in providing an abundance of information about how to afford college, in addition to how to approach the selection process by putting the student first.” —Martha “Marty” O’Connell, Executive Director, Colleges That Change Lives “Lynn O’Shaughnessy always focuses on what’s in the consumer’s best interest, telling families how to save money and avoid making costly mistakes.” —Mark Kantrowitz, Publisher, FinAid.org and Author, FastWeb College Gold “An antidote to the hype and hysteria about getting in and paying for college! O’Shaughnessy has produced an excellent overview that demystifies the college planning process for students and families.” —Barmak Nassirian, American Association of Collegiate Registrars and Admissions Officers For millions of families, the college planning experience has become extremely stressful. And, unless your child is an elite student in the academic top 1%, most books on the subject won’t help you. Now, however, there’s a college guide for everyone. In The College Solution, top personal finance journalist Lynn O’Shaughnessy presents an easy-to-use roadmap to finding the right college program (not just the most hyped) and dramatically reducing the cost of college, too. Forget the rankings! Discover what really matters: the quality and value of the programs your child wants and deserves. O’Shaughnessy uncovers “industry secrets” on how colleges actually parcel out financial aid—and how even “average” students can maximize their share. Learn how to send your kids to expensive private schools for virtually the cost of an in-state public college...and how promising students can pay significantly less than the “sticker price” even at the best state universities. No other book offers this much practical guidance on choosing a college...and no other book will save you as much money! • Secrets your school’s guidance counselor doesn’t know yet The surprising ways colleges have changed how they do business • Get every dime of financial aid that’s out there for you Be a “fly on the wall” inside the college financial aid office • U.S. News & World Report: clueless about your child Beyond one-size-fits-all rankings: finding the right program for your teenager • The best bargains in higher education Overlooked academic choices that just might be perfect for you

College Affordability

College Affordability
Author: Jerry S. Davis
Publisher:
Total Pages: 59
Release: 1997
Genre: College costs
ISBN: 9780965912709

This report attempts to define the nature and dimensions of the "college affordability crisis." It covers trends in college costs, student ability to pay, and some of the ways in which affordability problems are being addressed. The report finds that while annual growth in college costs has slowed, cost continues to exceed growth in family income and in the Consumer Price Index, but it notes that high tuition is not universal. It discusses student and family concerns about affordability and debt burdens on students after they leave college.It also notes that institutional reactions to these concerns include an increase in college-supported student aid. In looking at why college costs are rising, it notes that one factor is reduced growth in state funding, but also finds that an increasing number of private four-year colleges discount tuition. The report also discusses changes in federal student aid; looks at other explanations for the growth in tuition, including colleges' financial conditions; reviews policymakers' positions and views on affordability; and gives examples of how the media looks at affordability. Appendix tables provide comparative tuition data vis-a-vis income and enrollment, and grant aid as a percentage of total costs. (Contains 60 references.) (CH)

Keeping College Affordable

Keeping College Affordable
Author: Michael S. McPherson
Publisher: Brookings Institution Press
Total Pages: 284
Release: 2010-12-01
Genre: Business & Economics
ISBN: 9780815716693

As Congress debates the reauthorization of the basic federal student aid legislation, and as governors and state legislators cope with increasingly severe budgetary problems of their own, the issues of preserving college opportunity and sharing the burden of college costs are particularly critical and timely. This book assesses the role of government subsidies for higher education—especially but not exclusively federal student aid—in keeping college affordable for Americans of all economic and social backgrounds. The authors examine the effects of student aid policies of the last twenty years. They address several vital questions, including: Has federal student aid encouraged the enrollment and broadened the educational choices of disadvantaged students? Has it made higher education institutions more secure and educationally more effective—or has it raised costs and prices as schools try to capture additional aid? Has federal student aid made the distribution of higher education's benefits, and the sharing of costs, fairer? And what are the likely trends in patterns of college affordability? Drawing on their analysis, the authors highlight some of the principal dimensions of policy choice on which the debate has focused, as well as some that have been relatively neglected. Building upon their conclusion that student aid works, they propose reforms that would bolster the role of income-tested aid in the overall student financing picture. McPherson and Schapiro recommend a number of incremental reforms that could improve the effectiveness of existing federal aid programs and present a proposal to replace a substantial fraction of state-operating subsidies to colleges and universities with expanded federal aid.