Documents/EDFACA115/1: Recommandations/1: Make, Accept, Implement/Indicator:1

Indicator: 1

[Output]

Measurements in/of Recommendations Made

Relationships:

Department of Education - Narrower_Than

Other Information:

Advisory Committee on Student Financial Assistance

Type Target Actual
StartDate 2010-10-01 2010-10-01
EndDate 2011-09-30 2011-09-30
Number n/a 0
Description Unspecified The Rising Price of Inequality: How Inadequate Grant Aid Limits College Access and Persistence (RPI). RPI shows that this shift is due to family financial concerns, and that maintaining financial access to four-year public colleges for qualified high school graduates is of paramount national policy importance. Narrow strategies that focus on improving K-12 academic preparation alone, or on improving college persistence alone, will not reverse the trends outlined above. The challenge for Congress and the Secretary is to find an effective means of using federal grant aid as a lever to increase state and institutional grant aid to offset the rising prices facing low- and moderate-income students. The findings in this report has shown the negative impact of declining enrollment figures as the prices of higher education have risen.The second annual report, The Bottom Line: Ensuring that Students and Parents Understand the Net Price of College yielding the following consensus: students and parents need accurate and timely information about both college expenses and financial aid from middle school through college enrollment and persistence. There was also broad consensus that it would be wise for the higher education community to explore these issues further and develop voluntary guidelines for the benefit of students and parents. The answer does not lie with new legislation or regulations, but instead should be dependent on a broad coalition of representatives from the higher education and policy making community should be formed to standardize and integrate these two financial aid tools to the extent possible.The Higher Education Regulations Study (HERS)reports findings are still in the preliminary stages, with more concrete findings available with the final report to be released at the end of November 2011.