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The article discusses three myths regarding student financial aid used by policymakers to push misguided policies in the U.S. The author mentions that lawmakers often cite that increases in student aid can drive up college costs, as they justify proposals to reduce federal student aid spending. He states that another myth is that student loans will end up like the country's housing debt. He adds students are accused of borrowing too much. INSET: FACTS.

The article discusses the authors view on the principle behind determining the price of the education in a time of limited budgets. They discuss the issues of the level of confusion, lack of knowledge about college costs and financial aid among families underestimated by the colleges. They further address the issues of the difference of education price between public institutions and private colleges and universities. INSET: Committing to Lower Tuition Increases.

The article discusses how U.S. universities and colleges are using families' prior-prior year (PPY) data on the Free Application for Federal Student Aid (FAFSA) program. Topics covered include the implications for aspects of enrollment such as the timing of financial aid awards, recruitment and institutional budgeting, moving up the timeline for establishing tuition rates, and the evaluation of processes concerning projected endowment earnings and information technology (IT) support.

The article focuses on myths related to funds available to students that arise due to misleading statistics as judged by journalists and government officials. It mentions that increase in sticker price, fees to attend college is less as than financial aid to students in private institutions. It reports that increase in student debt is not because of high college fees but due to increase in college enrollment and independent colleges enroll students irrespective of their financial status.

The article focuses on a report entitled "Reimagining Aid Design and Delivery (RADD)" commissioned by the Bill and Melinda Gates Foundation as of July 2013, regarding the federal Pell Grants program, financial aid program for low-income students in the U.S. Topics discussed include need of improvement in the financial aid program, reinstitution of the short-lived year-round Pell Grant and uncertainty related to the grants.