Inside Higher Ed, October 1, 2012, Monday

Inside Higher Ed

October 1, 2012, Monday

Inside Higher Ed (full article)

Too High a Price?

"They are doing what a set of institutions including my own are doing -- protecting the grant aid to the lowest-income student but marginally increasing loan levels for other grant aid recipients," said Ronald Ehrenberg, a Cornell University economist and higher education expert and member of the Board of Trustees of the State University of New York, in an e-mail. "Institutions are realizing the generosity of their grant aid programs was not sustainable and are trying to redirect funds back to operations."