Families reported spending $28,409 on the 2023-24 academic year, and they paid nearly half with income and savings, according to Sallie Mae. There was also clear evidence of the impacts of FAFSA troubles.
College Possible, a nonprofit dedicated to servicing low-income and minority students through their higher education journey, has so far ensured that 56% of their students have filed for FAFSA, says CEO Siva Kumari.
The HEA Group and Student Defense found that graduate schools leave students with over $100 million more in debt than what they entered repayment with.
Despite recent measures President Biden has taken to relieve student debt and halve repayment plans, the administration faces criticism on both sides of the aisle and with relief advocates.
Prisoners who enroll in postsecondary education programs are 48% less likely to be reincarcerated than those who do not, according to the Journal of Experimental Criminology.
Legislative negotiators have reached a deal to make college free for residents whose families make less than $80,000 a year in order to bolster the state's fledgling enrollment and labor workforce shortage.
“Schools that engage in fraud or misconduct are on notice that we may be listening, and they should clean up accordingly,” said Kristen Donoghue, FSA’s chief enforcement officer in the Department's announcement.
Did the $77 billion given by Congress to institutions of higher education during the COVID-19 pandemic, including a large portion earmarked for students, really...