Reinventing Financial Aid

Reinventing Financial Aid Charting a New Course to College Affordability

Edited by Andrew P. Kelly and Sara Goldrick-Rab, Foreword by Martha J. Kanter
cloth, 272 Pages
Pub. Date: October 2014
ISBN-13: 978-1-61250-715-6
Price: $61.95

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paper, 272 Pages
Pub. Date: October 2014
ISBN-13: 978-1-61250-714-9
Price: $29.95

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In this provocative volume, two experts with very different points of view address the growing concern that student loan programs are not a sustainable solution to the problem of mounting college costs. They argue that the time has come to reform the financial aid system so that it is more effective in promoting college affordability, access, and completion.


Kelly and Goldrick-Rab shine a bright light on the need for wholesale reform of the federal student aid system and the lack of proven interventions and empirically based student aid solutions that can help achieve the student outcomes we desire. — Diane Auer Jones, former assistant secretary for postsecondary education, U.S. Department of Education

In Reinventing Financial Aid, Andrew P. Kelly and Sara Goldrick-Rab present a variety of perspectives and insights on ways to improve the effectiveness of student aid funding. They highlight the need to question assumptions, test ideas, and rigorously research what works and what does not, so as to identify and avoid the unintended consequences of well-intended policies. — Mark Kantrowitz, senior vice president and publisher,

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About the Editors

Andrew P. Kelly is a resident scholar in education policy studies and director of the Center on Higher Education Reform at the American Enterprise Institute.

Sara Goldrick-Rab is a professor of educational policy studies and sociology at the University of Wisconsin–Madison.