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Kentucky Center for Economic Policy

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Report

New Commitment to Need-Based Financial Aid Critical in Context of Rising Tuition

Ashley Spalding | February 25, 2014

The cost of public higher education in Kentucky has risen by more than 200 percent in the last 15 years, but the state’s financial aid programs have changed very little in response. As a result, the financial aid system does not fully recognize the importance of need-based aid to helping low-income students (a substantial portion of whom are adults) obtain degrees and credentials at a time of higher cost. Kentucky can strengthen the well-being of many thousands of its families and improve the state’s economy through reforms that make a new commitment to need-based financial aid.

New Commitment to Need-Based Aid

More On Budget & Tax: Threat to the Lee Specialty Clinic Revealed the Heroes at Work

state financial aid by income graph

 

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Perspectives

Threat to the Lee Specialty Clinic Revealed the Heroes at Work

How to Turn the Boomer Retirement Wave Into a Generational Opportunity

There Is a Choice Hidden in the Pages of the Next State Budget

Affordability Is a Crisis for Kentuckians. Here’s What State Leaders Can Do About It.

The Fight in D. C. Is About Making Life, and Health Care, More Affordable 

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Budget Agreement Cuts and Freezes Funding for Most Services, Continues to Underfund Medicaid

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