Many low-income and first-generation community college students face disproportionate challenges in their quest for a college education. They typically balance multiple outside obligations, while being solely responsible for making these decisions without adequate knowledge, guidance, or support (Lyons, 2004). Many students begin college without ever having been responsible for their...
The student-loan market has surpassed 1.3 trillion dollars; rising student-loan cohort default rates are a growing concern among educational institutions. Many colleges are implementing financial-education programs for students to help increase their knowledge, aptitude, and skills so they may become informed consumers. Purpose/Objective/Research Question/Focus of Study: The purpose of this...
The purpose of this study is to explore the factors that led to the move to include non-need aid in community college institutional financial aid policies. The following questions guided the research: (1) What meaning do those involved in the
formulation of institutional financial aid policy at community colleges give...
The purpose of the present study was to investigate the effect that Pell Grants have on Stafford Loan debt accumulation and to identify other factors that affect Stafford Loan debt accumulation.
The sample consisted of 32,525 dependent undergraduate students from more than 100 different four-year public institutions. All the students...