Professors John M. Barron and Michael E. Staten's article in Vol. 34, No. 3 of this journal, "Usage of Credit Cards Received through College Student-Marketing Programs," purports to "provide benchmark measures of college student credit card usage." Based on empirical analyses of proprietary industry data, they conclude that "There is no…

According to the authors, the comments offered by Robert Manning and Ray Kirshak in this issue of the "Journal of Student Financial Aid" (pp. 39-48) are designed to leave the reader with the impression that their paper "Usage of Credit Cards Received through College Student-Marketing Programs" ("Journal of Student Financial Aid," 2004) was nothing…

Discussion of the influence of the World Wide Web on student financial aid considers: waves of technology change, direct access to the consumer offered by the Web, business uses of the Web, student demand for on-line services, paradigm shifts in financial aid, and the constancy of change. Concludes that Web technology will significantly alter the…

Preferential/differential student aid packaging, or reducing the self-help component of an aid package for specific students, is by definition discriminatory. Such student aid packaging is very old, but in recent years there is even more discrimination within need-based aid against the economically weak. A new approach is needed to reduce…

Analysis of the income-contingent repayment mechanism of the federal direct lending program suggests that it will be considerably more expensive than other repayment options in total interest costs for many; lead to hefty tax liabilities for some; be administratively cumbersome, vulnerable to fraud and abuse, and costly to taxpayers; and invite…

Implications for future generations of college loan program changes are examined. The idea of who should pay for college is explored from the perspective of economic theory. It is concluded that new loan programs must be monitored carefully so they do not shift the burden of college payment from parents to students. (MSE)

A discussion of the high level of student borrowing to pay for higher education looks at the situation today, examines college cost and aid trends, explores implications for the future if students continue to increase their borrowing, and offers a proposal to create a new generation of loan forgiveness programs through a public/private…

A college financial aid administrator argues that good student loan programs are being discontinued because of politics and territoriality, and calls on the banking industry to enter into a more productive partnership with higher education, families, and associations to solve some of the problems of student loan financing and develop good public…

The debate over the future of the student loan program has often been so rancorous that it obscures rather than illuminates the issues. The college student loan program of the future will be characterized by the acute need for excellent customer service, dependence on advanced communications technology, and intense competition among service…

It is argued that rising costs and declining federal student loan programs highlight the key role of the in-school interest subsidy in educational finance. Six possible scenarios are outlined, each differentially balancing indirect/direct lending and government/private involvement. Professionals are urged to find a program that serves students, is…

The lower court findings and 1995 Supreme Court decision in Podberesky versus Kerwin, concerning the legality of race-exclusive scholarships, is reviewed and its implications on race-based financial aid awards are examined. Issues discussed include current Department of Education guidelines in this context, meeting institutional mandates to…

A study identified overall changes in college-going behavior before and after the Basic Educational Opportunity Grant program, based on a comparison of the high school graduating classes of 1972 and 1982. Results suggest that federal efforts to increase access to higher education have been constrained by heavy reliance on test scores in college…

In response to Lee Hansen and Burton Weisbrod's study conducted over a decade ago, California policy has attempted to shift a greater portion of the burden of support for higher education from lower income families. A recent reexamination of the study by Joseph McGuire that disputes the original study is challenged. (JMD)

The state of evaluation is reviewed and it is suggested that problems lie not only in the political advocacy process through which policy is made, but also in the way evaluators have approached their tasks and presented their results. A project at the University of Wisconsin--Madison is described. (Author/MLW)

A survey of student services staff, merit scholarship recipients, and a sampling of administrators, faculty, and students at a large land-grant institution concerning no-need scholarships shows the aid is seen as useful and monies used for it should not reduce amounts available for need-based scholarships. (MSE)