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Author(s):Dannenberg, M
Title:A college access contract
Organization:New America Foundation
Short Description:This proposal for a new "college access contract" would would harness the free market so that students get more aid and banks get less.
Annotation:This proposal for a new "college access contract" would would harness the free market so that students get more aid and banks get less. Students from low-income families would have the opportunity to graduate debt free (up to the maximum of $23,000 in cumulative federal student loan debt), while students from middle-class families could graduate with interest-free federal student loan debt, but only if they: (1) work hard in high school to prepare for college, (2) work or perform community service while in college, and (3) evidence a minimum level of academic work or competency upon completing their postsecondary studies.
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Associated Keywords:
College Access
Financial Aid, Affordability, Tuition, and Costs
Low-Income Students
Need-based Aid

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