So How Did Financial Aid Come About?

Recently we shared two of the films in a series produced by the Lumina Foundation and the Institute for Higher Education Policy. The series — Looking Back to Move Forward: A History of Federal Student Aid — provides insight into the evolution of financial aid through first-hand experiences with the policymaking process.

We’d like to share the introductory film in the series, titled How Did We Get Here: Growth of Federal Student Loans. With news stories on student debt turning up everywhere from traditional media, like TV and radio, to social media, including Twitter and Tumblr, you might be interested to know more about the humble beginnings of student loans.