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Beyond Sticker Shock: Helping Families See the True Cost of College

Ruffaloni

How can colleges better reach, educate, and support these first-generation students about affordability to prevent them from ruling out institutions that could be a great fit financially and academically? How can colleges step in to provide the necessary counseling and education about affordability for these applicants?

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Does Applying for Financial Aid Lower Your College Acceptance Odds?

Great College Advice

Second, completing the financial aid forms might make your family eligible for the Federal student loan program, thereby enabling you to borrow some money (albeit a relatively small amount). If you can fund your education and you can show this, this ability to pay could tip the admissions scales in your favor. But be careful!

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Report: Education Dept. Illegally Took Wages From Student Loan Borrowers

BestColleges

Wage garnishments are withheld wages from loan borrowers who have defaulted. The report claims the Department of Education has lost control over the garnishment collection system, saying it is riddled with invalid addresses and gaps in contact information. Garnishment became illegal after the CARES Act of 2020. How Did This Happen?

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How Do Student Loans Work: Guide to Federal, State and Private College Loans

road2college

Students and parents often must borrow money to help pay college tuition and other educational expenses. The post How Do Student Loans Work: Guide to Federal, State and Private College Loans appeared first on Road2College. However, understanding how student.

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The Hidden Crisis in College Planning: What’s Happening to Middle-Income Families

Ruffaloni

Understanding this demographic isn’t just importantit’s crucial for the future of higher education. Among middle-income families: 71% report loan concerns actively impacting college selection. Project career-based loan scenarios. 69% eliminate institutions based on sticker price before engaging. The good news?

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Biden Forgives Another $4.9B in Student Loan Debt

BestColleges

The Biden administration continues to approve debt relief for borrowers in income-driven repayment (IDR) plans and the Public Service Loan Forgiveness (PSLF) program. Biden has framed this debt forgiveness as a way of righting past wrongs in the federal student loan system. ED announced the PSLF waiver program in October 2021.

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Biden Admin Forgives $1.2B in Student Loan Debt Through SAVE Plan

BestColleges

That new plan promises quicker forgiveness for those who borrowed $12,000 or less for their college education. His administration has now forgiven $138 billion in federal student loan debt through various executive actions. The Department of Education (ED) announced Wednesday that it will soon discharge $1.2

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