Footing the Tuition Bill: The New Student Loan Sector

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Frederick M. Hess
AEI Press, 2007 - Education - 309 pages
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A college degree is the key to opportunity and economic success in America today, a fact that has brought new attention to questions of college access and affordability. Rising college costs and low levels of household savings mean that existing federal loan and grant programs cannot meet the needs of many students. The search for additional funds has spurred explosive growth in private, "nontraditional" student loans. The private student loan market, which was only an afterthought fifteen years ago, today accounts for 18 percent of all loans for postsecondary education. Although much attention is paid to federal loan and grant programs, this emergent sector has largely escaped careful scholarly analysis.

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Contents

Higher Educations Student Financial Aid Enterprise
19
The Politics of Federal Student
42
A Primer
74
Copyright

12 other sections not shown

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About the author (2007)

An educator, political scientist and author, Frederick M. Hess studies K-12 and higher education issues. His books include The Same Thing Over and Over, Education Unbound, Common Sense School Reform, Revolution at the Margins, Spinning Wheels, and Cage-Busting Leadership (Harvard Education Press, February 2013). He is also the author of the popular Education Week blog, Rick Hess Straight Up. Hess s work has appeared in scholarly and popular outlets such as Teachers College Record, Harvard Education Review, Social Science Quarterly, Urban Affairs Review, American Politics Quarterly, The Chronicle of Higher Education, Phi Delta Kappan, Educational Leadership, U.S. News & World Report, National Affairs, the Washington Post, the Wall Street Journal, the New York Times, the Atlantic and National Review. He has edited widely cited volumes on education philanthropy, school costs and productivity, the impact of education research, and No Child Left Behind. Hess serves as executive editor of Education Next, as lead faculty member for the Rice Education Entrepreneurship Program, and on the review boards for the Broad Prize in Urban Education and the Broad Prize for Public Charter Schools. He also serves on the boards of directors of the National Association of Charter School Authorizers, 4.0 SCHOOLS, and the American Board for the Certification of Teaching Excellence. A former high school social studies teacher, he has taught at the University of Virginia, the University of Pennsylvania, Georgetown University, Rice University and Harvard University. He holds an M.A. and Ph.D. in Government, as well as an M.Ed. in Teaching and Curriculum, from Harvard University.

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