In: Finance
What are the intended and desire outcomes the model of high tuition an high aid hope to achieve?
The intended and desire outcomes the model of high tuition an high aid hope to achieve are as follows :
1. Increasing tuition :
It is good public policy , where in quality of education is increased for students.
2. Less Costing for educating a student :
States charge students less than what it actually costs to educate a student who has insufficient income for studies and also student gets high tuition.
3. Creating Subsidy for Low & Middle Income Students :
This creates a subsidy for students regardless of need or family ability to pay.
3. High tuition approach necessitates a high financial aid response :
a) to preserve equal opportunity for low-income and disadvantaged students :
To maintain the equal standard of education for all students this model will help to achieve.
b) to promote access with students who might otherwise self-preclude :
To promote fair education to all students this model will help to achieve.