Report Seeks to Shift the Financial-Aid Conversation From Loans to Savings

Public discussion of college affordability tends to focus more on student-loan debt than on savings. But to protect access to college, improve outcomes, and move away from a debt-driven model, savings must be promoted across income levels, says a new report proposing a federal program of children's savings accounts.

What's needed is a comprehensive system that's easy to navigate, friendly to lower-income families, and able to give people faith that dollars saved now will pay off in