Federal officials argue that capping graduate loans will pressure postgraduate programs to rein in tuition and shrink the nation’s trillion-dollar student debt load.
Between lightning-fast completion times and innovative state policy, FAFSA completion rates are up 12% over the Class of 2023, according to the National College Attainment Network.
While FAFSA filing rates are rising, many lower-income students are attending college without tapping into the full array of financial aid resources available to them.
Financial aid offices are buckling under rising demands and shrinking resources, impacting student services, according to a five-year report from NASFAA.
Early projections indicate that tuition discounts for first-time undergraduates during the 2024-25 academic year rose to 56.3%, according to this NACUBO survey.