In a speech today at the annual Federal Student Aid conference, Deputy Secretary Tony Miller emphasized two themes.
First, financial aid officers and policymakers need to embrace a modified mindset about the purpose of student aid. Student aid can no longer just be about providing access to postsecondary institutions. Instead, it also has to be about encouraging college completion and earning a degree.
Second, strengthening financial aid entails more than providing new federal dollars, as vital as they are. All levels of government, and all institutions of higher education, must advance reform and college completion by making postsecondary education far more productive and efficient than it is today.
Read the full remarks.