"Current commentary about the US higher education system is steeped in crisis rhetoric of impending doom. High costs, exploding debt, and a digital tsunami supposedly will combine to disrupt and sweep away many of the nation's higher education institutions, or change them beyond recognition. In...

The history of financial aid in the United States -- The financial aid system : how it works and how well it works -- Theoretical considerations : access, choice, affordability, and merit -- Institutionally funded grants -- Federal loan guarantees -- Eligibility for financial aid and other...