#The wall street journal drivers#
The main drivers of sticker price tuition are broad national trends. But for the 95 percent of students attending mission-driven not-for-profit colleges, and public universities whose tuition is often set by state boards, there is no substantive evidence that federal aid increases the tuition prices they pay. Stephanie Cellini at George Washington University and Claudia Goldin at Harvard University have shown that for-profit colleges charge more for short certificate programs if their students are eligible for federal aid than do otherwise similar for-profit programs whose students are not. The lone exception to this is the for-profit sector. It is also traditionally a politically popular public investment with deep bipartisan roots that conservatives should embrace - and work to improve - rather than reject.
But the evidence that federal higher education aid pushes tuition rates higher is very weak, and the Pell program is a proven, vitally important rung on the ladder of educational advancement in the U.S.
The Wall Street Journal editorial board recently argued that such a move would drive up tuition costs and that the Pell program is essentially an expensive failure. The Biden administration has proposed to increase the maximum Pell Grant next year by more than $2,000 and to double it by the end of the decade. Follow him on twitter once-beloved Pell Grants are facing surprisingly fierce fire from the right. He is the editor of numerous books, including Condition of Access: Higher Education for Lower Income Students and The States and Public Higher Education Policy: Affordability, Access, and Accountability. Heller is the retired provost and vice president of academic affairs at the University of San Francisco. He is the co-author of Why Does College Cost So Much? and The Road Ahead for America’s Colleges and Universities. Feldman teaches in the economics department at William & Mary.
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