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	<title>Comments on: A Brand New Day for Federal Higher Education Funding</title>
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	<description>The Quick and the Ed is an education blog published by Education Sector, an independent think tank in Washington D.C. The Quick and the Ed offers in-depth analysis on the latest in education policy and research.</description>
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		<title>By: Anonymous</title>
		<link>http://www.quickanded.com/2009/02/brand-new-day-for-federal-higher.html/comment-page-1#comment-476</link>
		<dc:creator>Anonymous</dc:creator>
		<pubDate>Fri, 27 Feb 2009 02:36:00 +0000</pubDate>
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		<description>It seems to me that this has been studied quite a bit (see reams of institutional research literature), and it&#039;s not that complicated.  If low income students get enough grant (and even reasonable amounts of loan) money so that they can have a similar educational experience to that of wealthier kids, in other words, so that they don&#039;t have to work full-time while attending school, they graduate. &lt;br/&gt;&lt;br/&gt;If they have to work, slow down their educations to manage it all, live off-campus, cut corners on books and other costs, well, they&#039;re less likely to graduate.  Pell grants aren&#039;t enough.  I wish someone would do an experiment at a state school where they randomly gave full scholarships to 200 low-income students who would normally just get a pell grant and a subsidized loan (and a job, and some credit card debt...).  &lt;br/&gt;&lt;br/&gt;I bet you fifty bucks those students would have comparable graduation rates to similarly-qualified rich kids.  That wouldn&#039;t cost $2.5 billion to study (even after you paid me fifty bucks for being right!)--you could save the money for scholarships!&lt;br/&gt;&lt;br/&gt;Funding scholarships at a level where poor students can afford to attend residential colleges full time for four years probably wouldn&#039;t be very controversial within higher ed.  It&#039;s just expensive.  And even now, I&#039;m not sure the US is ready for that, though our industrialized peer nations have been doing it for a long time...</description>
		<content:encoded><![CDATA[<p>It seems to me that this has been studied quite a bit (see reams of institutional research literature), and it&#8217;s not that complicated.  If low income students get enough grant (and even reasonable amounts of loan) money so that they can have a similar educational experience to that of wealthier kids, in other words, so that they don&#8217;t have to work full-time while attending school, they graduate. </p>
<p>If they have to work, slow down their educations to manage it all, live off-campus, cut corners on books and other costs, well, they&#8217;re less likely to graduate.  Pell grants aren&#8217;t enough.  I wish someone would do an experiment at a state school where they randomly gave full scholarships to 200 low-income students who would normally just get a pell grant and a subsidized loan (and a job, and some credit card debt&#8230;).  </p>
<p>I bet you fifty bucks those students would have comparable graduation rates to similarly-qualified rich kids.  That wouldn&#8217;t cost $2.5 billion to study (even after you paid me fifty bucks for being right!)&#8211;you could save the money for scholarships!</p>
<p>Funding scholarships at a level where poor students can afford to attend residential colleges full time for four years probably wouldn&#8217;t be very controversial within higher ed.  It&#8217;s just expensive.  And even now, I&#8217;m not sure the US is ready for that, though our industrialized peer nations have been doing it for a long time&#8230;</p>
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