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…

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)