In an article on NASFAA President Justin Draeger's "Calls for 'Skin-In-The-Game' in Higher Education Ignore an Existing, Effective Program" op-ed, originally published by The Hill, Education Dive's "Dive Brief" provides some takeaways:
- With Higher Education Act reauthorization discussions focusing on “skin in the game” policies, NASFAA President and CEO Justin Draeger argues for an extension of the Perkins Loan Program.
- The program requires contributions from the government and institutions to fund targeted loans for low-income students, and, in an editorial for The Hill, Draeger argues that colleges have remained committed to the program even while Congress has failed to meet its own funding responsibilities.
- If Congress doesn’t vote to extend the program before its Oct. 1 expiration date, incoming low-income students are expected to face a gap of $2,000, on average, in their financial aid packages, according to Draeger."
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