-
Views
-
Cite
Cite
Jon H. Oberg, Testing Federal Student-Aid Fungibility in Two Competing Versions of Federalism, Publius: The Journal of Federalism, Volume 27, Issue 1, Winter 1997, Pages 115–134, https://doi.org/10.1093/oxfordjournals.pubjof.a029888
- Share Icon Share
Abstract
This study employs twenty-three years of federal, state, and institutional student-aid data to investigate the effects of federal grants to students on the behavior of higher education institutions. Unlike previous studies, this research differentiates between federal-aid programs according to whether a federal program follows “redivision federalism” or “cooperative federalism” concepts. Pell grants, exemplifying the former, appear highly fungible and inversely related to institutional grants to students, while campus-based federal programs, exemplifying “cooperative federalism, ” appear less fungible and positively associated with institutional grants. The results also suggest that grants to students are more important to higher education opportunity than indicated by some previous research.