In this provocative volume, two experts with very different points of view address the growing concern that student loan programmes are not a sustainable solution to the problem of mounting college costs. They argue that the time has come to reform the financial aid system so that it is more effective in promoting college affordability, access, and completion.
In this provocative volume, Andrew P. Kelly and Sara Goldrick-Rab argue that the time has come to reform the financial aid system so that it is more effective in promoting college affordability, access, and completion. Reinventing Financial Aid provides a thorough critique of the existing financial aid system, identifies the challenges of reform, presents a host of innovations, and calls on leaders to think more boldly about policy design.
Reinventing Financial Aid is a volume in the Educational Innovations series.
"This is an important book that holds great promise in shaping student aid policy for the twenty-first century. It is especially instructive that its two editors have found common ground form opposing points of view on their topic to produce this book. Would that our nation's political and policy leaders might follow their example." -- From the foreword by
Martha J. Kanter, under secretary of education (2009-2013), U.S. Department of Education
"Andrew P. Kelly and Sara Goldrick-Rab shine a bright light on the need for wholesale reform of the federal student aid system and the lack of proven interventions and empirically based student aid solutions that can help achieve the student outcomes we desire." --
Diane Auer Jones, former assistant secretary for postsecondary education, U.S. Department of Education
"In
Reinventing Financial Aid, Andrew P. Kelly and Sara Goldrick-Rab present a variety of perspectives and insights on ways to improve the effectiveness of student aid funding. They highlight the need to question assumptions, test ideas, and rigorously research what works and what does not, so as to identify and avoid the unintended consequences of well-intended policies." --
Mark Kantrowitz, senior vice president and publisher, Edvisors.com
Andrew P. Kelly is a resident scholar in education policy studies and director of the Center on Higher Education Reform at the American Enterprise Institute.
Sara Goldrick-Rab is a professor of educational policy studies and sociology at the University of Wisconsin-Madison.