ERIC Number: ED065020
Record Type: RIE
Publication Date: 1972-Jan
Reference Count: 0
How College Students Finance Their Education: A National Survey of the Educational Interests, Aspirations, and Finances of College Sophomores in 1969-70.
Haven, Elizabeth W.; Horch, Dwight H.
The main purpose of this study was to examine how students and their families finance a year of postsecondary education. Included is a detailed accounting for the 1969-70 academic year of the resources and expenditures of unmarried full-time students, most of whom were college sophomores. Major emphasis was placed in the instutitional practice of packaging grants, loans, and jobs, and the relationship of student indebtedness to persistence in college and plans for continuing education on the undergraduate and graduate levels. Analysis of the data revealed that parents provided most (44%) of the student's income. Students themselves provided 35% of this income: 15% from employment during the school year and 20% from other sources such as personal assets, savings from summer employment, and income tax refunds. Eleven percent of the students income came from scholarships and grants and 10% from loans. Comparisons are made in the study by sex, race, and type of institution attended. (Author/HS)
Descriptors: College Students, Educational Finance, Financial Support, Higher Education, Scholarships, Student Costs, Student Loan Programs, Tuition
College Entrance Examination Board, Educational Testing Service, Princeton, New Jersey
Publication Type: N/A
Education Level: N/A
Authoring Institution: College Entrance Examination Board, New York, NY.