September 1, 2006

Study Released on Value of Grants

By KAREN BIRCHARD

Grants work better than loans as a way of getting students from low-income families to enroll in college and complete a degree, according to a paper that summarizes research findings about student-aid policies in developed countries. The report, released in August by the Educational Policy Institute, looked at studies in North America, Europe, and Australia and New Zealand.

"Saying everybody needs nonrepayable help is wrong, but that help does matter for low-income students," said the

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