Trust, Transparency, and Need-Based Aid
If you look around the world at the kinds of subsidies made available to students, you’ll be struck by the fact that there are two very large chunks of the world where need-based aid isn’t the dominant form: post-Socialist Europe and Africa. The reasons for this boil down to a simple issue: trust. In the post-socialist countries, the preference for merit-based aid over need-based aid is a relatively recent affair. Prior to 1990, access to university was restricted both in