Friday, February 20, 2009

Analysis: Meltdown Could Force College Aid Shift

Analysis: Meltdown Could Force College Aid Shift: Johnny is a middle-class student who worked hard to get good grades and a high SAT score. Jane’s record isn’t as good, but her family is low-income, and without help she might not be able to go to college at all.

Who should be first in line for help from the government to pay for college?

It’s a debate that hits hot-button questions about fairness and opportunity, and lately, many experts think the middle class has been winning.

But the economic meltdown could be shifting the playing field, as the government and colleges themselves are forced to focus on helping the neediest students and try to head off a wave of dropouts.

Some experts think that could prove one of the few beneficial outcomes of the downturn.

“For a long time, the discussion was about the middle-income squeeze: wealthy people could pay for (college), poor people were getting grants, people in the middle were having a hard time,” said Vanderbilt University education professor William Doyle. While ideally college would be cheaper for everyone, he said, the research is clear that “the most efficient way to spend the money is to focus on the margins, people who wouldn’t otherwise go.”