Redesigning the Financial Aid System: Why Colleges and Universities Should Switch Roles with the Federal Government

Redesigning the Financial Aid System: Why Colleges and Universities Should Switch Roles with the Federal Government
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Redesigning the Monetary Aid Program: Why Colleges and Universities Really should Switch Roles with the Federal Government Description

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As the price of greater education continues to rise, students and their families discover increasingly tough to navigate the maze of monetary aid. In the redesign of the monetary aid method examines economist Robert Archibald system’s history and its present shortcomings, and he created a radical proposal to alter the structure of the system. Archibald says that one issue with the present model – where the university is responsible for most of the premiums, whilst the federal government provides loans to students – is that the student can not know the final cost to a certain ministry soon after he or she has applied, accepted, and received an give of monetary help. Consequently, students largely ignore the price of college, until extremely late in the procedure and are for that reason hard to make alternatives over time. In addition, financial aid information will stay private, making confusion on the price of a college education Redesigning the Monetary Aid Program: Why Colleges and Universities Should Switch Roles with the Federal Government

\n\nRedesigning the Monetary Aid Method: Why Colleges and Universities Need to Switch Roles with the Federal Government Ebook

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