Pricing and financial aid issues affecting research universities, particularly private universities, are examined, including underpricing of services, decentralization, and diversification of higher education in the United States. The growth of federal regulation is also considered, especially the State Postsecondary Review Entities (SPREs)…

An analysis of increases in federal regulation of student financial aid since 1959 looks at changes in both volume and substance of the regulations, and the costs of implementing them. Federal initiatives to form partnerships with institutions in managing student aid are noted, including quality assurance efforts and innovative experiments in…

Department of Education regulations and initiatives designed to address problems of fraud, abuse, and loan default in federal student aid programs are examined. The scope and intrusiveness of some recent regulations are criticized, and unintended effects are noted, including increased administrative burdens on all institutions. (Author/MSE)

It is suggested that well-designed and executed institutional research on the effects of student financial aid can help resolve ambiguities about policy and provide useful information for institutional financial planning. Models and methodologies for conducting such research using existing data sources are outlined. (Author/MSE)