Stimulus Law Didn’t Protect State Financial Aid

By Chronicle Staff. Report: “The Role of State Policy in Promoting College Affordability”
Author: Jennifer A. Delaney, assistant professor of education policy, organization, and leadership at the University of Illinois at Urbana-Champaign
Publication: The Annals of the American Academy of Political and Social Science
Summary: The federal stimulus law of 2009 had a maintenance-of-effort provision that required states to hold steady the amount they appropriated for public colleges. While that measure worked generally to protect money for the institutions, state lawmakers cut student financial aid by about 12 cents for every dollar they received from the stimulus, according to the report. More...