Should Everyone Be Eligible for Financial Aid?
"Last week, the National Association of Student Financial Aid Administrators (NASFAA) released an especially timely report on the perilous current state of financial aid," Online Colleges' Open Academic Blog reports. "If NASFAA has its way, broad eligibility for student loans could disappear. Some of the proposals have me worried—and should create concerns for students. Specifically, I question NASFAA’s suggestion that financial aid administrators at individual schools be given 'authority to limit borrowing' for any number of students, including those in specific programs and those who have been in school for lengthy periods. ... But whose decision should that be? The suggestion that it be up to financial aid administrators would create too much potential for inequality, discrimination, and even corruption. ... If we begin to make decisions based on speculative predictions, we may shut more doors than we open—the exact opposite of the promise of opportunity represented by financial aid."
NASFAA's "Financial Aid in the News" section highlights media coverage of financial aid to help members stay up to date with the latest news. Inclusion in Today's News does not imply endorsement of the material or guarantee the accuracy of information presented.