The recommendations proposed in this report focus on accelerating time to degree completion, improving access, lowering total educational cost, and keeping student loan indebtedness to a minimum.
Washington, D.C. (PRWEB) August 13, 2015
In the last several years, colleges and universities across the nation have seen an influx of nontraditional students, due in part to the economic recession that began in 2008 and forced many workers to reevaluate career goals and seek training. These students are typically 25+ years old and often face unique challenges related to childcare, competing responsibilities, or full- or part-time jobs that make it difficult for them to excel in a traditional postsecondary learning environment. As a result, the national conversation has shifted to focus on providing these students with better pathways to obtain the postsecondary degrees that are so imperative to thrive in the 21st century.
A report released this week by the National Association of Student Financial Aid Administrators (NASFAA) suggests that during the reauthorization of the Higher Education Act (HEA), policymakers should restructure financial aid programs and policies to focus on student learning outcomes – what students actually know and can do – rather than how much time was spent in a classroom. The report, “Expanding Educational Opportunities for Students: Innovative Learning Models and Student Financial Aid,” points out that a system like this is currently impossible given the rigidity of rules surrounding many of the federal student aid programs.
“The current student aid system is not well equipped to address the needs of nontraditional student populations,” said NASFAA President Justin Draeger. “It is our hope that the Department of Education, accreditors, states, and schools can work together to find ways to ensure students in nontraditional learning models are offered pathways to high-quality postsecondary education, possibly at reduced cost and higher levels of success.”
The recommendations proposed in this report focus on accelerating time to degree completion, improving access, lowering total educational cost, and keeping student loan indebtedness to a minimum in order to meet the needs of both individual learners and the institutions serving these students. While this report has been spurred by the growing number of nontraditional students, the benefits of making the programs more flexible could ultimately impact all students in a positive way. Emerging forms of technology, competency-based education, and prior learning can lay the groundwork for more students to gain access to and complete a postsecondary education, and advancements in these areas have the potential to reinvent the higher education system. To do so, long overdue changes need to be made to the federal financial aid system in order to keep pace with emergent technologies and opportunities.
To request an interview with a NASFAA spokesperson, please email news(at)nasfaa(dot)org or call (202) 785-6959.
The National Association of Student Financial Aid Administrators (NASFAA) is a nonprofit membership organization that represents more than 20,000 financial aid professionals at nearly 3,000 colleges, universities, and career schools across the country. NASFAA member institutions serve nine out of every ten undergraduates in the United States. Based in Washington, D.C., NASFAA is the only national association with a primary focus on student aid legislation, regulatory analysis, and training for financial aid administrators. For more information, visit http://www.nasfaa.org.