You've distilled everything that is wrong with the current state of college education into a single sentence, well done!!
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You've distilled everything that is wrong with the current state of college education into a single sentence, well done!!
I'm gonna ask a big question: what if she doesn't want to?
All of these things. I learned it from the other side - realizing that success was out of my reach, but happiness was not.RunningMn9 wrote: ↑Thu Jan 04, 2024 11:39 pmI'm gonna ask a big question: what if she doesn't want to?
It took me a long time to learn that succeeding and being happy aren't the same thing, and it ain't always easy to succeed at being happy. It's criminal that society puts this on 17 year olds to figure out. Godspeed brother. Parenting is hard.
That particular version of FASA shut down 17 years ago. If there were a new one, it would be Microsoft.
What does that mean in practical terms?College hopefuls are already waiting longer than usual for their financial aid offers this year, due to the delayed release of the Free Application for Federal Student Aid (FAFSA). But what applicants may not realize is that this year's FAFSA also comes with a big mistake — one that will lower the amount of federal financial aid many receive unless it's remedied soon.
The U.S. Department of Education is wrestling with whether to fix this mistake in time for this year's financial aid applicants. A last-minute FAFSA change of this magnitude could further delay college aid offers, but it would also mean many students would qualify for more help.
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And lawmakers told the Education Department to use a new, more generous formula to protect more of a family's income from being used to determine financial aid eligibility. They also told the department to adjust its math for inflation.
Let's call this one partially checked ... because the department didn't do that last bit, adjusting for inflation — a failure first reported by The Washington Post.
That's a problem because protecting more of a student's or family's income allows them to qualify for more financial aid. And failing to adjust this "income protection allowance" for inflation, especially given the past couple years of rampant inflation, will make it look as though students and families have more income at their disposal than they really do. And that will mean they qualify for less student aid.
Without this inflation adjustment, according to McKibben, a single parent with two children who is trying to go to college would have more than $10,000 of income considered in the student aid math that should instead, he says, be protected.
Without adjusting families' incomes for inflation, McKibben warns, hundreds of thousands of students could either get less Pell Grant aid than they otherwise would have – or not qualify for Pell at all. The lack of an inflation adjustment will also impact a student's ability to qualify for other federal aid, including work-study, as well as financial aid offered by states and schools.