Financial aid

Report makes suggestions for simplifying FAFSA verification

FAFSA verification can be a burden for students and institutions alike. College access advisers and financial aid administrators say data sharing and changing how the Education Department selects students for verification could provide relief.

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Higher ed staff shortages hit financial aid offices

The shortage of financial aid employees is especially worrisome given that the Department of Education is now planning to beef up its enforcement of federal student aid program rules.

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Tuition increases are historically low for a second year

As tuition rises slowly, the amount of federal loans students and parents take on to finance higher education declines, the College Board’s annual report shows. 

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Research advocates for fixes to income-driven repayment

A new report outlines the challenges Black borrowers face with income-driven repayment plans, while another offers a solution -- all while the Department of Education is considering new possibilities for the plans.

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Department outlines changes to Public Service Loan Forgiveness

Most of the reforms are temporary, but they’ll still help hundreds of thousands of borrowers chart a renewed path toward loan forgiveness.

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Critics: Algorithms push admissions in the wrong direction

Do they result in colleges filling their classes but not giving enough aid for a student to succeed?

Studies pick college programs with best investment returns

Two new studies examine which degree programs at which institutions offer graduates the best chance of recouping their costs and repaying their loans.

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Hope College wants to trade tuition for donations

The college’s tuition-free funding model will only be sustainable for all students if the college meets an ambitious $1 billion fundraising goal.

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Private colleges cut 53.9% of tuition sticker price for freshmen, on average

The COVID-19 pandemic exacerbated already-existing trends, pushing the average tuition discount rate for first-time undergraduates to 53.9 percent this year. Expect discounting to keep climbing even after the pandemic subsides.

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App asks colleges to outsource emergency aid decisions

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Start-up uses an algorithm developed by Sara Goldrick-Rab to approve student emergency aid applications quickly. Experts say the outsourcing can work, if known pitfalls can be avoided.

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