September 22, 2008 by Mara Strom A panel of financial aid experts thinks that America's federal financial aid system needs a major overhaul. According to the Rethinking Student Aid study group, these changes include simplifying the application process (aka FAFSA, or the Free Application for Federal Student Aid) and increasing Pell grant maximums. The most sweeping … [Read more...] about Experts Call for Sweeping Overhaul of Financial Aid