Mark J. Warshawsky is a senior research fellow at the Mercatus Center at George Mason University and co-author (with Ross Marchand) of new Mercatus Center research on “Dysfunctions in the Federal Financing of Higher Education.”
Conventional wisdom says that expansions in federal student aid will result in a more affordable and equitable post-secondary education system. While this belief has motivated massive expansions of federal aid in the recent past, rapidly increasing tuition and student loan default rates are raising questions about this approach. In a new study, I review the […]
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