Building Expectations, Delivering Results: Asset-Based Financial Aid and the Future of Higher Education

Jul 10, 2013
  • Description

American society reflects considerable class immobility, much of which is due to the wide gap in college completion rates between advantaged and disadvantaged groups of students. This report discusses the factors that cause unequal college completion rates and introduces assets as an explanation stratification scholars often ignore. The following chapters are included in this report:

    • From a Debt-Dependent to an Asset-Based Financial Aid Model
    • Institutional Facilitation and CSA (Child Savings Account) Effects
    • CSAs as an Early Commitment Financial Aid Strategy
    • From Disadvantaged Students to College Graduates: The Role of CSAs
    • How CSAs Facilitate Saving and Asset Accumulation
    • Policy Discussion