Study Group Recommends New Framework For Student Aid

Abstract: After two years of study, development, and debate, the Rethinking Student Aid Study Group released a list of recommendations yesterday that would make federal student more coherent, fair, and effective in helping Americans pay for college. The group’s recommendations cover the application process, grants, loans, savings, and institutional aid. Some of the recommendations, like lowering parent PLUS loan interest rates, would simply tweak existing student aid. Others - like creating an ongoing government funded college savings program for low income families - are more dramatic.

The full article was originally published in NASFAA’s Today’s News on 9/19/08.