StudentShare solutions
Triangle menu

Chapter Summary - Student Aid - Essay Example

Nobody downloaded yet

Extract of sample
Chapter Summary - Student Aid

The cost of college has nearly doubled over the past 20 years, in inflation-adjusted dollars, and college tuition and fees have risen faster than inflation, personal income, consumer prices or even the cost of prescription drugs and health insurance. (2010: 2)
The author, based on her in-depth research, also submits to state that the students belonging to lower stratum of society of the USA have far higher percentage of completing their graduation in comparison with those of the middle and higher strata. But the governmental funds and scholarships, once granted to the students on the basis of financial position, have been attached with the grades and scores students get in studies. Hence, the scholarships are divided among the students of all classes, which have accelerated the financial miseries of the students belonging to the lower classes. Though granting of scholarships on the basis of performance in studies is a very healthy trend, but it deprives the financially poor students of the financial support necessary for the completion of their studies. Since they are unable to support themselves, they seek help from different sources. Consequently, private financing companies and organizations are offering their services against heavy interests, and provide the students with study loans, which become almost impossible to pay by the students. It is therefore instead of deducting the amount of merit based scholarship from the need based one, separate funds must be allocated for the students displaying extraordinary performance in academics and sports. Merit-aid, Clemmitt views, may create heavier loan burdens for low-income students. The University of Maryland recently discovered that low-income students were graduating with more debt than middle and high income students and concluded that its grant program which had 60 percent merit-based awards. (2010: 4) As a result, ...Show more


In the article under analysis, the author Marcia Clemmitt has pointed out towards the pathetic financial situation the students undergo by borrowing loans from the private borrowing agencies in order to get higher education at college and university levels. The writer has…
Author : laceyreynolds
Chapter Summary - Student Aid essay example
Read Text Preview
Save Your Time for More Important Things
Let us write or edit the essay on your topic
"Chapter Summary - Student Aid"
with a personal 20% discount.
Grab the best paper

Check these samples - they also fit your topic

Research Proposal on 'Development Aid and Governance'
Research objectives 3. Limitations to and scope of study (demarcation of research) 4. Literature review 5. Importance of the study 6. Research methodology 7. Research techniques 8. Ethical considerations 9. Clarification of terms 10. Time framework 11. Chapter layout 12.
8 pages (2000 words) Essay
Chapter Summary
On the other hand, America uses its education system to compare with other foreign countries in a bid to establish itself as a dominant force in this sector. However, from the foregoing, it can be observed that the main theme underlying the article is related to the concept of education.
5 pages (1250 words) Essay
Chapter 1 Summary
2). Even though marriage in the United States has been defined as “a legal contract between a woman and man who are at or above a specified age and who are not already legally married to someone else” (Schwartz & Scott, 2010,
3 pages (750 words) Essay
Student Loan Summary
Among the negative consequences of having too much debt is, first of all, a potential of getting a bad credit history and, consequently, inability to receive other debts in the future. A too large debt amount may make it for
1 pages (250 words) Essay
Chapter summary
The author is convinced that schools need to justify their existence by providing students with an engaging and valuable curriculum that will help boys and girls have a strong inducement to continue learning and a good reason to
9 pages (2250 words) Essay
Summary of chapter 6
These are partnerships, sole proprietorship, limited liability corporations and corporations. All these formations are prevalent in the modern business world and the choice to adopt one depends on a host of factors. These include things like capital,
1 pages (250 words) Essay
Chapter 9 summary
As such, they are perpetually unchanging. The author uses the example of the existence of cobra snakes, stating that conceptual thoughts about cobras would mean that cobras are not
2 pages (500 words) Essay
Free Application for Federal Student Aid (FAFSA)
Colleges and universities which are both public and private use it. In addition, private financial aid providers also use the FAFSA to determine whether applicants are credit worthy. FAFSA forms seeks far reaching information about the
5 pages (1250 words) Essay
Summary of chapter 13
In monopoly a single product is sold by the producer which is undifferentiated. In oligopoly, a few producers sell products which are identical or different. In monopolistic competition many producers are
3 pages (750 words) Essay
Summary of Book Chapter
able to organize club movements such as the General Federation of Women’s Clubs that campaigns for the rights of the middle-class white women and a hundred black women representing Ten American States. The club held their meeting at Boston to deliberate on a national women
2 pages (500 words) Essay
Hire a pro to write
a paper under your requirements!
Win a special DISCOUNT!
Put in your e-mail and click the button with your lucky finger
Your email
Comments (0)
Click to create a comment