"The findings in the latest NPSAS report confirm the important role of federal financial aid in providing students with the opportunity to pursue higher education. Federal grants and loans help students realize the American dream, opening the door to opportunity for students who would never be able to get a college education without financial support.
"As seen in the data, more college students are using federal grants to pay for college. Thanks to President Obama's leadership, we've expanded the Pell Grant program to provide billions of dollars a year in federal aid to low-income students. In total, the number of Pell Grant recipients has increased more than 50 percent since 2008, giving millions of students around the country the opportunity to attend college.
"But the data also shows that increasing federal student aid alone will not control the cost of college. All of us share responsibility for ensuring that college is affordable. The NPSAS report is a reminder that we need state policymakers and individual colleges and universities to do their part in taking action against rising college tuition. Together we can take collective action to help make college more accessible, affordable, and attainable for middle class Americans across the country."