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Annotated Bibliography

Author(s):McPherson, M. S. and Schapiro, M. O
Title:NDSFA: Getting the most out of federal aid spending -- encouraging colleges and universities to promote the common good
Short Description:McPherson and Schapiro argue that the federal government needs the partnership of individual colleges and universities in order to achieve its college access goals.
Annotation:McPherson and Schapiro argue that the federal government needs the partnership of individual colleges and universities in order to achieve its college access goals. Directly opposing the idea prevalent among federal policymakers that “a dollar going directly to a college or university is a dollar wasted,” they propose creating a “cost of education” allowance to be paid to higher education institutions for each Pell grant student they enroll. This system would provide colleges with a needed economic incentive to enroll Pell grant students rather than more affluent students, while reaffirming the partnership between the federal government and colleges in promoting college access.
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Associated Keywords:
College Access
Financial Aid
Pell Grants

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