Abstract
Figures and TablesForewordAcknowledgmentsPt. 1Introduction11Meeting Need and Rewarding Talent: Student Aid in the U.S. System of Higher Education Finance52Changing the Rules: The New Strategic Role of Student Aid15Pt. 2Student Aid and Educational Opportunity: Are We Keeping College Affordable?233Prices and Aid: The Growing Burden on Families254Access: Student Response to Higher Prices - and Higher Returns375Choice: How Ability to Pay Affects College Options426The Future of College Affordability49Pt. 3Student Aid and Institutional Strategy537Student Aid in Institutional Finance558How Government Aid Shapes Colleges' Behavior819Student Aid as a Competitive Weapon91Pt. 4The Special Case of Merit Aid10510Merit Aid: Its Place in History and Its Role in Society10711The Institutional Perspective11612The Student Perspective12213Conclusion: Merit Aid - Good or Bad?130Pt. VThe Future of Student Aid13314Where Do We Go from Here?135Notes145Bibliography153Index157
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