Education Commons^™

Student Loan Default: Do Characteristics Of Four-Year Institutions Contribute To The Puzzle?, Karen L. Webber, Sharon L. Rogers

Journal of Student Financial Aid

College student debt and loan default are growing concerns in the United States. For each U.S. institution, the federal government is now reporting a cohort default rate, which is the percent of students who defaulted on their loan, averaged over a three-year period. Previous studies have amply shown that student characteristics are strongly associated with educational debt and one’s ability to repay student loans; however, few studies have deeply examined the relationship between institutional characteristics and student loan default. This study examined characteristics of 1,399 four-year notfor-profit U.S. institutions and found significant differences in the 2010 federal student loan default …

A Comparative Study On Need-Based Aid Policy In Higher Education Between The State Of Indiana And Taiwan, Ching-Hui Lin, Don Hossler

Journal of Student Financial Aid

The question of how the government can best support access to postsecondary education has become a critical issue for education policymakers around the globe, as the practice of cost sharing for funding postsecondary education has been more widely adopted. In this context, this study explores the approaches to implementing current need-based financial aid policies in higher education in Indiana and Taiwan using G.Z.F. Bereday’s (1964) comparative method as the framework. Using a comparative cross-national perspective, the authors explored cost sharing, Rawls’ theory of social justice, and the economic principles of horizontal and vertical equity.

This review revealed that need-based aid …

Book Review: Confessions Of A Community College Administrator, Valerie Culler Edd

Journal of Student Financial Aid

Confessions of a Community College Administrator by Matthew Reed provides readers with an overview of many of the practical day-to-day challenges encountered by community college administrators. The author has more than 10 years of experience working in the community college sector and is also the author of a popular blog, Confessions of a Community College Dean, which is featured regularly in InsideHigherEd.com. Reed’s approach in Confessions of a Community College Administrator is to educate future leaders of community colleges on current and long-term challenges for the sector, by sharing many of his own experiences in the roles of a community …

A History Of Financial Aid To Students, Matthew B. Fuller

Journal of Student Financial Aid

The history of financial aid in higher education covers a board range of philanthropic-, scholarship-, and loan-based approaches. This article comprehensively covers the history of American financial aid to students from influences of European medieval institutions to contemporary aid systems. A broad history of financial aid is covered, revealing an evolution from a system primarily based upon local philanthropic efforts, to a more formal system of scholarships and grants, to, finally, a complex federal system of loans. As the history of financial aid is chronologically covered, attention is paid to describing how financial aid policies and practices were a response …

The “Gainful Employment Rule” And Student Loan Defaults: How The Policy Frame Overlooks Important Normative Implications, Gabriel Serna

Journal of Student Financial Aid

In this essay I examine the empirical considerations and normative aspects that such a proposal engenders and how the policy frame, while useful, misses important normative implications for aid policy. Specifically, I will analyze the policy’s proposed goals, and the normative implications that adoption of such measures entails; which have been omitted from the policy debate. I will also consider how empirical or economic implications have taken center stage in the process of defining the policy’s image and the potential negative consequnces this creates.

Editor's Column, Jacob P.K. Gross

Journal of Student Financial Aid

No abstract provided.

Editor's Column, Jacob P.K. Gross

Journal of Student Financial Aid

No abstract provided.