Is student aid driving increases in college tuition?
Need-based financial aid at state colleges may help more students access a college education, but it’s also driving up college costs. That according to researchers at the University of Missouri and the University of California.
The Chronicle of Higher Education reports that the study was presented this month at Association for the Study of Higher Education. It found that need-based financial aid had a bigger impact on tuition rates than merit-based financial aid.
The study comes as colleges around the country work to increase student aid so that more people can afford a college education. Says the Chronicle, “[t]he results of the study may ultimately confound national efforts to increase college access and completion rates, the authors conclude.”