Financial Aid or Financial Burden? How Federal Financial Aid Leads to Higher College Tuition

Capitol Hill Briefing
March 3, 2005 12:00PM
Please note room change to B-340 Rayburn House Office Building
Featuring Gary Wolfram, George Munson Professor of Political Economy, Hillsdale College; Frederick Hess, Director of Education Policy Studies, American Enterprise Institute; Krista Kafer, Senior Education Policy Analyst, Heritage Foundation; and moderated by Neal McCluskey, Policy Analyst, Center for Educational Freedom, Cato Institute
College tuition has been skyrocketing for decades, and no end is in sight. In the name of keeping college within reach of low-and middle-income families, the federal government provides many financial aid programs. Ironically, federal aid keeps tuition high by enabling colleges and universities to constantly raise prices. Reducing federal aid would force tuition down and stimulate increases in private-sector college assistance. Please join us for a briefing on how, with the Higher Education Act due to be reauthorized this year, Congress has the opportunity to help college-bound students by reducing federal tuition aid.