Intro Unequal Family Income and Unequal Opportunity for

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Intro Unequal Family Income and Unequal Opportunity for Higher Education National Scholarship Providers Association

Intro Unequal Family Income and Unequal Opportunity for Higher Education National Scholarship Providers Association Seattle, WA October 11, 2017 Tom Mortenson Senior Scholar, The Pell Institute for the Study of Opportunity in Higher Education Policy Analyst, Postsecondary Education OPPORTUNITY

K-12 School Children Approved for National School Lunch Program 1989 to 2014 30. 0

K-12 School Children Approved for National School Lunch Program 1989 to 2014 30. 0 20. 0 10. 0 1989 1991 Source: US Dept of Agriculture 1993 1995 1997 1999 2001 2003 2005 2007 2009 2011 2013 52. 6 52. 8 53. 3 50. 8 50. 4 48. 2 46. 0 44. 8 44. 6 42. 9 41. 3 40. 7 39. 9 40. 0 40. 2 40. 1 39. 9 39. 7 38. 6 37. 8 37. 0 34. 9 33. 0 31. 9 40. 0 31. 4 Approved (%) 50. 0 45. 5 60. 0

Financial Need Analysis Model Cost of Attendance Tuition and fees Room and board Books

Financial Need Analysis Model Cost of Attendance Tuition and fees Room and board Books and supplies Personal and medical care Transportation Less: Expected family contribution Income and assets Family size Number of children enrolled in college Equals: Financial need Gift aid: grants, scholarships, waivers Earnings from work/study Education loans: subsidized/unsubsidized Stafford, PLUS Federal tax credits

Tertiary Type-A Degree Attain 25 -34 yr olds OECD 2003

Tertiary Type-A Degree Attain 25 -34 yr olds OECD 2003

Restoring College Affordability Federal • $13, 000 Pell Grant maximum award • $2, 000

Restoring College Affordability Federal • $13, 000 Pell Grant maximum award • $2, 000 Super Pell to fund negative EFC calculated from FAFSA • Income contingent education loan repayment • College work-study for all students States • Required 50: 50 match to federal Pell Grant Institutions • Continued eligibility for Title IV participation contingent on progress toward broadening enrollment of students from low income families

Contact Information: Email to request Power. Point from: tom@postsecondary. org

Contact Information: Email to request Power. Point from: tom@postsecondary. org

Intro Unequal Family Income and Unequal Opportunity forIntro Unequal Family Income and Unequal Opportunity for
Intro Unequal Family Income and Unequal Opportunity forIntro Unequal Family Income and Unequal Opportunity for
Intro Unequal Family Income and Unequal Opportunity forIntro Unequal Family Income and Unequal Opportunity for
Does Unequal Income Translate into Unequal Knowledge TheDoes Unequal Income Translate into Unequal Knowledge The
Unequal Equals 1 Unequal Equals Round 1 FamousUnequal Equals 1 Unequal Equals Round 1 Famous
Unequal Comparisons Avancemos 3 Leccin Preliminar Unequal ComparisonsUnequal Comparisons Avancemos 3 Leccin Preliminar Unequal Comparisons
HUMMING BIRDS Conclusion conclusion Intro intro intro introHUMMING BIRDS Conclusion conclusion Intro intro intro intro
Identifying and classifying income What is income IncomeIdentifying and classifying income What is income Income
Opportunity Cost Opportunity Benefit Opportunity Set what isOpportunity Cost Opportunity Benefit Opportunity Set what is
Opportunity Time Workshop Home of unlimited opportunity OpportunityOpportunity Time Workshop Home of unlimited opportunity Opportunity
INCOME TAXATION What is Income Income means allINCOME TAXATION What is Income Income means all
Definitions of Income Income Before Taxes Money IncomeDefinitions of Income Income Before Taxes Money Income
INCOME TAX SECOND HEAD OF INCOME INCOME FROMINCOME TAX SECOND HEAD OF INCOME INCOME FROM
1 Household Income 1 Household Income Income is1 Household Income 1 Household Income Income is
NATIONAL INCOME ACCOUNTING What is Income 1 IncomeNATIONAL INCOME ACCOUNTING What is Income 1 Income
NATIONAL INCOME WHAT IS NATIONAL INCOME National incomeNATIONAL INCOME WHAT IS NATIONAL INCOME National income
ACCOUNTING Income Statement Income Statement income statement aACCOUNTING Income Statement Income Statement income statement a
Income Unemployment Income Social Security Benefits Other IncomeIncome Unemployment Income Social Security Benefits Other Income
Income Eligibility Requirements Income Goal To understand incomeIncome Eligibility Requirements Income Goal To understand income
More on income distribution Today Family income distributionMore on income distribution Today Family income distribution
More on income distribution Today Family income distributionMore on income distribution Today Family income distribution
Income Inequality I Questions p p How unequalIncome Inequality I Questions p p How unequal
OECD 2000 Sources OECD countries Growing Unequal IncomeOECD 2000 Sources OECD countries Growing Unequal Income
How unequal is the distribution of income WhatHow unequal is the distribution of income What