The rapid growth of the Hispanic population, among minorities needing better access to higher education, leads an advocacy group to suggest that the federal financial-aid structure is outdated and needs an overhaul, the National Journal reports. The existing structure for aid has long suited traditional students: those who are predominantly white and college-ready, able to secure their degree in four years. Today 25 percent of K-12 students are Latino, and babies of color now outnumber [1] their white cohort, meaning it’s high time to redefine “traditional.” Changing structures is the basis of policy suggestions released this week by Excelencia in Education [2] in support of redesigning the federal-aid system. The organization is one of 16 that has released white papers as part of the Reimagining Aid Design and Delivery project [3], a $3.3 million grant program funded by the Bill and Melinda Gates Foundation…