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Reinventing Financial Aid - Charting a New Course to College Affordability (Hardcover)
Loot Price: R1,818
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Reinventing Financial Aid - Charting a New Course to College Affordability (Hardcover)
Series: Educational Innovations Series
Expected to ship within 12 - 17 working days
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In this provocative volume, two experts with very different points
of view address the growing concern that student loan programs are
not a sustainable solution to the problem of mounting college
costs. They argue that the time has come to reform the financial
aid system so that it is more effective in promoting college
affordability, access, and completion. Reinventing Financial Aid
provides a thorough critique of the existing financial aid system
and identifies the challenges of reform. It presents a host of
innovations designed to improve grant and loan programs and the
processes by which students access them. Pushing past current
debates, it also challenges leaders to think more boldly about
policy design, examine the assumptions and incentives embedded in
the current system, and lay the groundwork for a fundamental
rethinking of student aid programs. While the editors agree that
bold new thinking on financial aid policy is needed, they do not
aim for consensus. Instead, they have leveraged their differences
to flesh out important tensions, trade-offs, and areas of common
ground that emerge from innovative approaches to reform. The result
is a volume that serves as a counterpoint to the incremental
approach to financial aid reform that has led to record tuition
levels, growing student debt, and increasing doubts about the value
of a college education.
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