Category: Student Aid

Summer Updates from Abroad (3): An Intriguing American Student Aid Debate

Why do we give people student loans and grants?  Is it to help them get knowledge, or just credentials?  That question is subject to much debate in Washington right now.  At issue is whether student assistance helps or hinders innovation in higher education; at stake are potentially billions of dollars in public funding. Let’s rewind a bit here: student aid in the US is governed by something that goes by the name of “Title IV” (meaning, essentially, chapter IV of

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Summer Updates from Abroad (1): England’s Demented Student Loans Policies

You’ll recall that the UK had an election in early May in which the Conservative Party, contrary to most polling, won a majority of seats, and thus was able to form a government without need for a coalition.  On July 8, the new government delivered its first budget, which contained a lot of policies that – to put it mildly – had not exactly been fully outlined to the electorate eight weeks earlier. In student aid, what that meant was

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The 2016 Presidential Race

I’ve been spending a bit of time in the United States the last couple of weeks (Indianapolis, Boston, Washington DC), and one of the things I’m noticing is the extent to which political discourse – which, ludicrously, already centers around the 2016 Presidential Race – is focussed on issues in higher education.  Specifically: issues of tuition and student debt. This is interesting for a couple of reasons.  First of all, it’s an enormous shift from about ten years ago, when

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Worst Set of Provincial Budgets This Century

It’s the first week of May, and at HESA Towers that means it’s provincial budget analysis time.  As of now, nine of ten provinces have submitted budgets.  Sure, PEI is missing, and Alberta is presumably going to have to re-do its budget once the election’s over, but neither of them is likely to have a budget before June, so now’s as good a time as any. (Islanders feeling slighted may rest assured they are not being singled out.  Our policy

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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

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