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)

One institution's several years' experience with the Department of Education's Quality Control Project, which is attempting to ascertain the value of student financial-aid application-verification efforts, is summarized and commented on. (Author/MSE)

The 1992 Higher Education Act amendments offer limited antitrust immunity for certain collective financial aid activities, but, because of recent litigation, all other aspects of higher education are now subject to antitrust scrutiny. Prudent administrators will adopt antitrust compliance programs to protect against inadvertent violations and…

A review of the history of regulation in federal student financial aid programs indicates dramatic change and growth in the last three decades. Regulations of particular importance to aid administrators are highlighted, and two conclusions about recurring concern for the deservedness of aid recipients are drawn. (Author/MSE)