<p>For those interested in FA policy, take a look at this pdf:</p>
<p><a href="http://ksgnotes1.harvard.edu/research/wpaper.nsf/rwp/RWP07-0">http://ksgnotes1.harvard.edu/research/wpaper.nsf/rwp/RWP07-0</a>
14/$File/rwp<em>07</em>014_dynarski.pdf</p>
<p>It is surprising that the lead author, an MIT Econ doctorate, misses the point that the main reason Federal FA is ineffective is that the Pell grant and tax credit amounts are so low compared to the cost of full time college attendance. The authors posit that the reason primarily is that the FAFSA is too long and hard to fill out, and should be simplified to a "postcard."</p>