The National Association of Student Financial Aid Administrators announced a host of recommendations on Wednesday for improving the countryâ??s financial-aid system.
In a report, â??National Conversation Initiative Preliminary Recommendations,â? the group calls for dozens of changes, including a simpler federal-aid application, adjustments in the Pell Grant and federal loan programs, and a government college savings account for every child. The report draws on input from thousands of student-aid professionals, data from 40 research reports, and the suggestions of public-policy experts. The group gave it to the Obama administration the day before it was released to the public.