America's global competitiveness depends on the ability of our high school graduates to earn at least a bachelor's degree. As in recent decades, financial barriers are a major factor in preventing large numbers of college-qualified students from earning a bachelor's degree, particularly those from low- and moderate-income families. These bachelor's degree losses are an unmistakable signal that our nation has yet to make the full investment in student aid necessary to secure our economic future—a dire warning that we are requiring millions of students to mortgage their fu¬ture and ours as well.
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