April 6, 2007
Streamline the Aid Process
The federal system of student financial aid is broken. Information about eligibility is hidden behind a thicket of complicated paperwork. For most families, the federal application is longer and more complex than their federal tax form. Definitive information about awards arrives just a few months before (or even after!) students enroll in college, far too late to affect enrollment decisions.
The costs of complexity and uncertainty in financial aid are regressive, falling most heavily
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