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...panel of education experts and policy analysts have released a set of recommendations aimed at simplifying the process by which students apply for federal financial aid, in order to increase the representation of low-income students in higher education...
...study group—which included Graduate School of Education professors Bridget T. Long and Thomas Kane—also suggested creating incentives to increase the retention of low- and moderate-income students at colleges and universities...
Finally, the report proposes developing a federal savings program for low-income families, in which the government would make deposits into an account which could only be drawn upon for postsecondary education...
While Baum said it was difficult to predict how many more low-income students would apply to college under such a plan, she said that a guarantee of federal aid has been shown to increase enrollment...
...believe that students from low-income families will be more likely to prepare for college because they will be able to pay for it,” she said...