Sharing the Costs of Higher Education: Student Financial Assistance in the United Kingdom, the Federal Republic of Germany, France, Sweden, and the United StatesThe educational and living costs of undergraduate studies and the ways these costs are shared among parents, students, taxpayers, and philanthropists/donors are considered for five countries: the United States, the United Kingdom, the Federal Republic of Germany, France, and Sweden. Five policy issues that are linked to how costs are shared by parents, students, and the general taxpayer are identified, including the participation in higher education by low-income and other previously excluded groups. The five country profiles and comparative analysis consider: the out-of-pocket costs faced by students and parents; the expected parental contribution, if any, and how it is derived; the expected student contribution, from savings, work, or loans; the taxpayer-borne contribution (e.g., need-based grants, loan subsidies); trends and issues regarding the sharing of higher education costs within each country; problems or issues common to all five countries; and each country's structure and governance of higher education. Appended materials describe the concept of "purchasing power parity," as well as concepts for separating subsidized loans into a "true loan" and an "effective grant." (SW) |
Contents
The Sources of Revenue | 3 |
Public Policy in Apportioning the Costs | 10 |
Cost Sharing in the United Kingdom the Federal Republic | 16 |
Copyright | |
14 other sections not shown
Common terms and phrases
Abitur academic additional amount assistance assumed average award BAföG borrowing bourse budget burden cash child College Board commuter costs faced costs of higher costs of student countries CROUS debt dents discount rate earnings Education in Sweden effective grant enrollments entitled estimated expected contribution expected parental contribution expenses Fachhochschule faculty family income Federal Republic financial aid France French governmental Grandes Ecoles higher education increase institutions least mandatory grant maximum means-tested Ministry National need-based grants nonstudent numerus clausus part-time Pell Grants percent portion present value private colleges purchasing power parity range Republic of Germany room and board sector student contribution student living student loan program Studentenwerke students and families Study Means subsidies substantial supplement Sweden Swedish Table taxable taxpayer-borne term-time tion total cost true loan tuition and fees U.S. dollar undergraduate Union of Students United Kingdom West Germany