June 27, 2008
White Paper Calls for Increase in Sharing of Financial-Aid Data
Colleges could free up more money for need-based aid if they worked together to end the bidding wars for high-achieving, low-need students, says a white paper out this month.
The paper, published by the Institute for College Access and Success, calls on Congress to expand a law that allows colleges to exchange limited amounts of information about their approaches to awarding student aid.
That law exempts colleges from some antitrust provisions, enabling them to use a common
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