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Download full textMcDonough, Patricia; Calderone, Shannon – Center for Enrollment Research, Policy, and Practice, 2010
In the last forty years, federal and state financial aid policy has fundamentally shifted the way in which students and families finance college costs. Whereas grants once served an important function in equalizing college opportunity, loans are now considered a key lever against escalating postsecondary costs (McPherson and Shapiro, 1998). This…
Descriptors: Student Financial Aid, Ethnic Groups, State Aid, Paying for College
