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ERIC Number: EJ867613
Record Type: Journal
Publication Date: 2010-Feb
Pages: 25
Abstractor: As Provided
Reference Count: 0
ISSN: ISSN-0361-0365
A Conceptual Analysis of State Support for Higher Education: Appropriations versus Need-Based Financial Aid
Toutkoushian, Robert K.; Shafiq, M. Najeeb
Research in Higher Education, v51 n1 p40-64 Feb 2010
In this paper, we use economic concepts to examine the choice that states make between giving appropriations to public colleges or need-based financial aid to students. We begin by reviewing the economic justification for state support for higher education. Next, we introduce a simple economic model for comparing and contrasting appropriations and need-based aid for supporting higher education. We then provide a graphical depiction of the model and simulate the effects of each policy on access to higher education. We show that it is in the best interest of states to provide need-based aid and not appropriations. Finally, we conclude with a discussion of the factors that complicate the reallocation of state funding away from appropriations and towards need-based aid.
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Publication Type: Journal Articles; Reports - Evaluative
Education Level: Adult Education; Higher Education
Audience: N/A
Language: English
Sponsor: N/A
Authoring Institution: N/A