Remove Information Remove Loans Remove Out-of-State
article thumbnail

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?

Loans 98
article thumbnail

Fundamentals of Financial Aid for 2024

Admissions.Blog

If one sentence could sum up the state of financing an American college education in 2024 it would be, “The more things change the more things stay the same.” Students with significant financial need may receive need-based aid in the form of grants, scholarships, work-study programs, and subsidized loans.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

Institutional Research: Get to Know Them (and Let Them Get to Know You)!

Ruffaloni

You rely upon them for information when conducting self-studies and when you go through accreditation reviews. Of course, there are a plethora of variables impacting the usability of that data, but if it can be harnessed, analyzed, and utilized appropriately, there is a treasure trove of information to leverage. Financial aid data.

article thumbnail

The New FAFSA: What You Need to Know

Ruffaloni

It’s critical to keep students engaged and informed during the FAFSA delays. The SAI is used to determine what amount of federal, state, or institutional need-based aid a student might receive to assist with college costs ( we dove into this in more detail in this blog ). These delays also have implications for state funding.

article thumbnail

Part 3: Middle Class Families CAN Go to College for Free!

SSA Online College Prep

Some schools have explicit capped loans policies - either only giving federally subsidized loans or limiting overall loan amount - which means more protection for your family. You want a no-loan school: You want to pay back no loans after you graduate. Rice University: tiered levels - no loans under $75K.

article thumbnail

$100,000 per Year! Rising College Costs and Student Loans

Discovery College Consulting

Much of this increase is due to a drop in funding from states following the 2008 financial crisis. declines in state and local funding. In a segment on Last Week Tonight with John Oliver ,* the former head of Louisiana State University, F. At the same time that states reduced funding, colleges began spending more money.

Loans 52
article thumbnail

Financial Aid 101: Understanding the Basics

Humbach Education Consulting

There is a lot of opportunity out there for financial assistance, but understanding the intricacies can feel like a foreign language. There is a lot of opportunity out there for financial assistance, but understanding the intricacies can feel like a foreign language. Once you fill out your FAFSA form , you can find your individual EFC.