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September 23, 2006

Final Report of the Commission on the Future of Higher Education

From the U.S. Department of Education:

Recommendations include:

  1. Student academic preparation should be improved and financial aid made available so that more students are able to access and afford a quality higher education.
  2. The entire student financial aid system should be simplified, restructured and provided with incentives to better manage costs and measure performance.
  3. A “robust culture of accountability and transparency” should be cultivated throughout the higher education system, aided by new systems of data measurement and a publicly available information database with comparable college information. There should also be a greater focus on student learning and development of a more outcome-focused accreditation system.
  4. Colleges and universities should embrace continuous innovation and quality improvement.
  5. Federal investments should be targeted to areas critical to America’s global competitiveness, such as math, science, and foreign languages.
  6. A strategy for lifelong learning should be developed to increase awareness and understanding of the importance of a college education to every American’s future.

Check out the full report.

[RJ]

September 23, 2006 in Gov Docs | Permalink

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Comments

Hello,

I recently published an article on the dangers and benefits of student loans and other forms of college financial aid – here is a quote from it, in case you are interested:
Student loans repayment can be a real nightmare without adopting some strategies that would help the new graduates to organize their social and financial life. Here are some strategies they can use to do this:
- An additional part-time job;
- Freelancing is another option (meaning that they can do particular pieces of work for different organisations, without working all the time for a single organisation);
- They should try to keep their living expenses as low as possible (live in a smaller apartment, live with a roommate to share some of the expenses, find an apartment that is closer to the job, to eliminate the extra-expenses for transport etc.);
- To apply for forbearance (this is an immediate solution for hard times when the new graduate is in impossibility to re-pay the amount of money and the need for student loan consolidation becomes apparent; it is a temporary period, when the graduate can postpone or delay his or her re-payments until a later time on a federal or direct loan after the beginning of the re-payment, and when the student doesn’t qualify for deferral). The forbearance must be applied through the lenders of the loans.
- To consolidate the payments.
If you feel this help, please drop by my website for additional information, such as federal student loans information or additional resources on private student loans .

Regards,

Michael

Posted by: Mike | Nov 4, 2006 7:42:56 AM

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