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Financial Aid in the News

Opinion: We Need To Compete (USA Today)

"It would be easy to conclude that in difficult economic times, top public research universities should devote all their financial aid to need-based rather than merit-based programs. Easy, but shortsighted," writes Bruce D. Benson, president of the University of Colorado system in USA Today. "Merit-based aid bolsters crucial research endeavors, raises the academic bar across the board, rewards student achievement and helps us compete with private universities for the best students. [S]queezing merit-based aid hurts an already pinched middle class, where families generally earn too much to qualify for need-based aid but not enough to comfortably pay tuition. Devoting a quarter of our financial aid money to those rewards, and the subsequent benefits a university receives, is a worthy investment."

You can read the complete May 7, 2008 USA Today article on-line.

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