In September a commission appointed by Margaret Spellings, the education secretary, called for restructuring the federal student-aid programs but provided few details of how to achieve that aim. Now the College Board has assembled a group of higher-education researchers and student-aid experts who may be able to point the way.
The Rethinking Student Aid Study Group has begun meeting in recent weeks to examine whether the government's financial-aid programs are fulfilling the goals that were set for the programs when they were created and to look for ways to improve them.
The study group has commissioned a series of papers that will examine the effectiveness of the student-aid programs. Some of the papers will focus on grants, loans, and tuition tax breaks, while others will look at broader issues, such as the role that the aid programs play in promoting college preparation and persistence, and in helping nontraditional students.
Source: The Chronicle of Higher Education
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