Review by Choice Review
In recent years, colleges and universities have raised their tuition substantially, while public financial support of college students has declined. McPherson examines how these two trends have affected the behavior of college applicants, their families, and the schools to which they apply. The authors conclude that "... the group most likely to be placed at risk ... is ... low-income students who do not have the strong qualifications needed to qualify for selective private colleges." The book contains two especially worthwhile discussions: the first looks at how colleges have come to regard their financial-aid packages not as charity to needy students but rather as a means to attain strategic institutional goals (e.g., to maximize tuition income or to increase students' academic ability). The second considers the financial and ethical implications of the increased awarding of merit-based financial aid--aid based on applicants' accomplishments and attractiveness to the institution, instead of on their financial needs. An important book for collections serving general and academic readers at all levels and professional educators. D. S. Webster Oklahoma State University
Copyright American Library Association, used with permission.