Simplifying the student aid process, requiring colleges to share in the risk from student loan defaults, and using technology to keep costs down were some of the ideas discussed at a recent summit addressing college costs.
Higher education must become more affordable, accessible, and attainable if the United States hopes to increase its global competitiveness, said a group of policy specialists, government officials, and higher-education stakeholders at the College Savings Foundation’s 2012 Summit, a gathering to address the ever-increasing college cost conundrum.
“What you do in policy depends on what you think the underlying factors are,” said Art Hauptman, a public policy consultant who specializes in higher-education finances. “Is this a cost-push or a demand-pull inflation?”…Read More