About 170 pages of 2020’s year-end omnibus federal spending bill were devoted to FAFSA Simplification. Sounds almost ironic, doesn’t it? The changes aren’t all that simple, but here’s a summary. Most important, the changes come into effect for the FAFSA that will be available in the fall of 2022, for the 2023-2024 school year. That means that students who are…
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There’s been a great deal of chatter around the topic of free college recently. Because a lot of that chatter is along the lines of, “Why save for college? It’s going to be free!” I think it’s worth a quick review of the content of actual free college proposals. This week, Sen. Bernie Sanders and Rep. Pramila Jayapal introduced the…
This past fall, there was considerable concern about decreases in college application for the fall of 2021. In November, the Common App reported an “alarming” decline, particularly among lower-income and first generation students. Coming on top of a 3.6% decline in undergraduate enrollment for the fall of 2020, the drop in applications was a source of considerable anxiety. As of…
It’s back-to-basics week for me and time to talk about getting started saving for college. If you want your children to go to college, you need to save. Period. That’s the easy part. Harder is where and how much. People worry that they’re going to lose out on financial aid if they save. Yes, your savings will add a small…
I had a great time talking about college planning with Your Teen Magazine this morning (and my Zoom shirt worked!) You can see the interview here.