"Fulfilling the Commitment: Recommendations for Reforming Federal Student Aid"
Thursday, September 25, 2008
Susan Dynarski has spent the last two years with a group investigating the federal financial aid system in order to improve its service and support of students. The Rethinking Student Aid Study Group, sponsored by the College Board, set forth recommendations to streamline the financial aid application process and loan repayment arrangements to ensure the greater success of less privileged students. The rising cost of attending college is out-pacing inflation and making the loan repayment process difficult for some students and their families; the report reminds policy makers that "the most important purpose of student aid is to expand the educational opportunities available to those young people and adults who face financial barriers to college enrollment and success."