Furthermore, the coalition calls on the financial aid system to support innovative delivery models that can lower the cost of postsecondary education and better serve the growing number of "nontraditional" college students. Today only 15 percent of students live on campus, 38 percent are enrolled part-time, and 25 percent have children.Last, the coalition calls for a new financial aid system that fosters a culture of success. "At times over the last two decades it seems like we've been more comfortable doing nothing than doing something when it comes to improving federal financial aid. But given the fiscal realities and the national imperative to increase postsecondary attainment, doing nothing comes at an increasingly higher cost to the country," suggests Jamie Merisotis, president and CEO of Lumina Foundation and a coalition member. "Today's structure and delivery is based on enrollment, regardless of whether or not students complete."
American Dream 2.0 Report Declares High College Failure Rate A National Crisis
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