In the same time it's obvious that the capable youngsters to whom the higher education will give the opportunity to become the qualified specialists are born in low-income families also. In case those youngsters are given the opportunity to get the higher education, the productivity of their labor will increase, and the government will benefit greatly.
Unfortunately in the present moment the subsidizing higher education program is not very effective, as the aid is not always given to those students who really need it, and it is often spent not rationally. For to increase the effectiveness of this program, it would be wise to change the system of selection of the candidates for this aid, for to ensure that people who get it really can't pay for their education for themselves.
John & Noell (1989) wrote that all types of financial aid have been shown to have a positive influence on college enrollment, regardless of the students' race or ethnicity. For the students that grow up in the low-income families, governmental financial aid is the only way to get the degree, and the chance to enhance their social status. Thus today government aid is the only thing that helps the low-income youngsters get the degree.
Nowadays government subsidizes higher education in different ways. ...Show more