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Presents the status and historical trends of college costs, with an emphasis on the prices undergraduate students are ultimately charged at the varying types of institutions of higher education and how they pay for post-secondary education using student financial aid.

The Higher Education Act of 1965 (HEA) as amended, authorises the federal government's major federal student aid programs, as well as other programs which provide institutional aid and support. This book presents an overview of the titles and major programs of the HEA, and includes a short summary of the issues and proposed changes in S 1642.