Our Reimagining Aid Design and Delivery (RADD) project has brought together 25 organizations to conduct independent research and analysis on the challenges created by the current financial aid system. The reports below represent the second phase of the RADD research, with analysis and recomemndations from the New America Foundation, National Urban League, and the College Board, among other partners.
“Higher Education Tax Reform: A Shared Agenda for Increasing College Affordability, Access, and Success,” assesses and makes recommendations to improve the tax-based student aid system, which the authors argue is long overdue for reform.
Part of the Simplification and Transparency RADD 2.0 Consortium, the report recommends several strategies to simplify the financial aid process for students and make the process more transparent.
The report argues that the federal government needs to be bolder in how it gets low-income students to enroll in postsecondary education, given the Pell Grant’s declining purchasing power and tuition hikes at public universities.
The report from The Education Trust recommends targeting assistance to persistently under-performing public and nonprofit colleges and imposing tough consequences, including cutting off federal aid, on institutions that fail to improve within a reasonable time period.
The paper examines current postsecondary data systems and proposes improvements to fill gaps in knowledge about postsecondary institutions and programs.
The white paper details the need for and benefits of more transparent information about the costs of college and its value, and then makes recommendations to ensure that transparency happens..
The National Urban League’s “From Access to Completion” report develops a set of principles to help ensure that African Americans and other underrepresented students can access postsecondary opportunities.
The report from New America Foundation discusses how lobbies from private, nonprofit universities are using their influence to prevent the creation of systems that would give families, students, and policymakers real answers about college value.
The policy brief identifies specific areas of federal grant policy that poorly cater to non-traditional students, and proposes a series of interventions and reforms that could be used to simplify the federal financial aid system and encourage institutions to better tailor their policies and practices to non-traditional students.
The report, “Automatic for the Borrower: How Repayment Based on Income Can Reduce Loan Defaults and Manage Risk” discusses how the design of the current federal student loan program is a major contributing factor to the loan repayment crisis. The report offers solutions to fix the student repayment process and reduce the risk of unaffordable loan payments and default.
See the RADD Phase I research for additional reports.