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Building a Reimagined System of Student Aid

BUILDING A REIMAGINED SYSTEM OE STUDENT AID TUITION IS RISING more quickly than other prices 13 Average cost of attendance 11 Health Housing Food Transportation 3 Communication Apparel 1969 1974 1979 1984 1989 1994 1999 2004 2009 OUR SYSTEM OF FEDERAL STUDENT AID IS BADLY IN NEED OF REFORM IMPLEMENTABLE POLICY RECOMMENDATIONS with widespread support SIMPLIFY Loan repayment following graduation The Application Aid delivery process mechanisms FAFSA AID PELL GRANT ORepayment Amount Income Eliminate the FAFSA Eliminate some channels Enroll all borrowers in a and use the IRS to determine of aid distribution and single, income-based student aid eligibility reallocate resources to repayment program the Pell grant program INFORM INCREASE ACCOUNTABILITY Tie financial aid eligibility to population- adjusted measures of institution quality. Increase the information that is available to students including: OFFICIAL REPORT Financial aid Information on LOW eligibility Institutions LOW FINANCIAL AID ELIGIBILTY HIGH REFORM the system to meet the needs of non-traditional students. Part-time SUMMER PELL GRANT Adult learners GRADUÁTION RATE Transfer students Private institution students Report outcomes for non-traditional students in federal data systems. Reinstate Summer Pell grants FIND OUT MORE READ THE FULL PAPER “THE NEXT STEPS: BUILDING A REIMAGINED SYSTEM OF STUDENT AID" BY BETH AKERS Brown Center on Education Policy at Brookings "Source: U.S. Census Bureau 2012 Statistical report, Digest of Education Statistics Design by christianbennin.com PRICE INDEX

Building a Reimagined System of Student Aid

shared by Christianbennin on Jun 25
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The US system of federal student aid is badly in need of reform. This infographic highlights recommended changes that can be made.

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