Index Investing News
Wednesday, March 4, 2026
No Result
View All Result
  • Login
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion
No Result
View All Result
Index Investing News
No Result
View All Result

School college students are going through a FAFSA mortgage disaster

by Index Investing News
August 5, 2024
in Opinion
Reading Time: 3 mins read
A A
0
Home Opinion
Share on FacebookShare on Twitter


By Jim Burkee

Monday, Aug. 5, 2024 | 2 a.m.

“There’s nothing that does a lot hurt,” mentioned the late College of Chicago economist Milton Friedman, “pretty much as good intentions.” Not often has this been as pronounced as within the Division of Schooling’s troubled rollout of Free Software for Federal Scholar Support, or FAFSA, this yr — one that’s prone to show catastrophic for college kids and households from the very underserved communities it was meant to help.

4 years in the past, Congress handed the FAFSA Simplification Act, designed to streamline and make fairer the irritating — and generally agonizing — course of 17 million American households endure every year to entry Pell grants and pupil loans for faculty.

The cumbersome course of pissed off even those that are skilled within the instructional and monetary techniques and have a mastery of English. But it surely proved a frightening barrier to entry for first-generation college students, candidates for whom English is a second language, college students with complicated household buildings and candidates who struggled to navigate the paperwork of the shape. “The Higher FAFSA” promised equity, extra support for low-income college students and better entry to the transformative energy of a school diploma.

After years of delay, the Division of Schooling started the transition, planning to have Higher FAFSA on-line by December 2023 — already too late for a lot of college students making use of for monetary support.

Some college students apply to schools within the fall to be taught their admissions standing. Their ultimate selection typically is dependent upon colleges’ provide letters detailing scholarships, grants and loans. Faculties want FAFSA data to subject these letters. With out them, college students and households are in the dead of night.

As of the top of spring 2024, information estimates that greater than 12% fewer highschool seniors — over 262,000 college students — had not accomplished a FAFSA relative to this time a yr in the past.

And what occurs when a pupil delays enrollment, as doubtlessly a whole lot of hundreds could find yourself doing? Too typically, they don’t return to varsity.

Essentially the most susceptible in our society are hit hardest by this disaster. College students from lower-income and minority-serving excessive colleges have seen a better decline in FAFSA completion in contrast with these from higher-income and fewer numerous excessive colleges.

As susceptible populations endure, so do establishments that serve them. Many non-public schools and universities are already in fiscal disaster following the one-two punch of COVID-19 and a speedy fall-off within the quantity of highschool graduates — often known as the “demographic cliff.” A significant drop in enrollments this fall could push a lot of these susceptible establishments proper off the ledge.

The schooling analysis firm EAB studies that FAFSA filings to bigger, public establishments are faring higher than small non-public establishments, with public colleges’ enrollments down 11% versus 2023, whereas non-public establishments’ are down virtually 20%.

A lot of this can be attributed to personal college pricing fashions and the truth that to attend a small, non-public establishment, most college students want a lot bigger scholarships.

The FAFSA disaster and new mandates endanger the ecosystem supporting susceptible college students, particularly at small establishments that present ladders of social mobility for first-generation college students.

A university diploma continues to be probably the most important device on this nation’s toolbox to advertise intergenerational social and financial mobility. Too little consideration has been paid to the possibly disastrous affect this yr’s FAFSA disaster may have on the very populations it’s meant to serve — or to the cures we should put in place to guarantee that susceptible college students and the universities that finest serve them can be supported even after Higher FAFSA is lastly mounted.

Jim Burkee is the president of Avila College in Kansas Metropolis, Mo. He wrote this column for the Kansas Metropolis Star.





Source link

Tags: collegecrisisfacingFAFSAloanstudents
ShareTweetShareShare
Previous Post

MSOS ETF: Alternative And Frustration Forward

Next Post

Vance checks Trump’s Teflon superpower

Related Posts

Why India’s semiconductor story is a work in progress

Why India’s semiconductor story is a work in progress

by Index Investing News
February 27, 2026
0

India formally joined the Pax Silica grouping on February 20. India is deeply embedded in the design segment of the...

The significance of India’s role in AI diffusion took centre stage at the New Delhi summit

The significance of India’s role in AI diffusion took centre stage at the New Delhi summit

by Index Investing News
February 24, 2026
0

Unlike Bletchley Park, Bharat Mandapam was not only much larger and more crowded, the mood was also markedly more upbeat....

An UNBELIEVABLY Dark Agenda (Video) – FREEDOMBUNKER

An UNBELIEVABLY Dark Agenda (Video) – FREEDOMBUNKER

by Index Investing News
February 20, 2026
0

Child sex trafficker Jeffrey Epstein worked with the highest academics in the world to explore transhumanism, “designer babies,” eugenics, genetic...

Trump wouldn’t survive an HR review –
Las Vegas Sun News

Trump wouldn’t survive an HR review – Las Vegas Sun News

by Index Investing News
February 16, 2026
0

Monday, Feb. 16, 2026 | 2 a.m. I can’t recall another time when my grown kids have called their mom...

Africa’s agricultural future depends on using global research better — not reinventing it

Africa’s agricultural future depends on using global research better — not reinventing it

by Index Investing News
February 12, 2026
0

South Africa and the rest of the African continent face a familiar paradox. Agriculture remains central to food security, employment...

Next Post
Actual Property Is Altering& So Is BP

Actual Property Is Altering& So Is BP

Actual Property Is Altering, and So Is BiggerPockets

Actual Property Is Altering, and So Is BiggerPockets

RECOMMENDED

Bearing Witness to Warfare – Econlib

Bearing Witness to Warfare – Econlib

November 4, 2024
The #1 Reason Why Stocks Are Undervalued

The #1 Reason Why Stocks Are Undervalued

August 3, 2023
UN issues famine warning — RT World News

UN issues famine warning — RT World News

July 3, 2023
Living – Econlib

Living – Econlib

July 10, 2023
Don’t predict problems-prevent them – Econlib

Don’t predict problems-prevent them – Econlib

October 19, 2023
High-Rise Luxury Along The Picturesque Southern California Coast

High-Rise Luxury Along The Picturesque Southern California Coast

January 4, 2023
RH, Carnival, Common Well being Companies and extra

RH, Carnival, Common Well being Companies and extra

July 1, 2022
Hedge Funds Wager Towards 10-Yr Treasuries as Yields Strategy 3%

Hedge Funds Wager Towards 10-Yr Treasuries as Yields Strategy 3%

June 6, 2022
Index Investing News

Get the latest news and follow the coverage of Investing, World News, Stocks, Market Analysis, Business & Financial News, and more from the top trusted sources.

  • 1717575246.7
  • Browse the latest news about investing and more
  • Contact us
  • Cookie Privacy Policy
  • Disclaimer
  • DMCA
  • Privacy Policy
  • Terms and Conditions
  • xtw18387b488

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

No Result
View All Result
  • Home
  • World
  • Investing
  • Financial
  • Economy
  • Markets
  • Stocks
  • Crypto
  • Property
  • Sport
  • Entertainment
  • Opinion

Copyright © 2022 - Index Investing News.
Index Investing News is not responsible for the content of external sites.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In