US Financial Aid Misses the Middle Class

November 24, 2006

CASE recently convened an international panel of university presidents (including Martha Piper, former president of UBC) to discuss rising tuition, financial aid, and non-financial barriers to PSE. Some interesting points: merit aid is focused on those in the top socioeconomic quintile, while needs-based aid is focused on those in the bottom quintile, leaving 60% in the middle with inhibited choices. Piper asserts that in Canada, access is less about tuition than about motivation among marginalized populations. Donors prefer to fund merit scholarships, so UBC takes operational funds for need-based aid. CASE Currents (requires professional membership)