by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | May 21, 2024 | Financial Aid
Federal Direct PLUS Loans, commonly referred to as Parent PLUS Loans (PPL’s), are uncollateralized loans made by the U.S. Education Department (ED) to the parents of dependent students to help pay for college. PPL’s are a type of Federal loan intended for parents,...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | May 9, 2024 | Colleges
After working hard to qualify for admission, high school seniors look forward to their college years with high hopes. But what happens to their hopes if they enroll in a college that closes its doors soon after they matriculate? Some students may choose to attend an...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Apr 28, 2024 | FAFSA
Due to the disastrous rollout of the new FAFSA, most new and continuing students still don’t know how much college will cost them next year. This makes it even harder than usual for high school seniors to decide where, or if, to enroll by the pending deadlines. FAFSA...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Apr 24, 2024 | FAFSA
Remember Murphy’s Law? It’s the adage that “Anything that can go wrong will go wrong, and at the worst possible time.” The development and rollout of the “Better FAFSA” by the U.S. Education Department (ED) is a prime example of Murphy’s Law in...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Apr 15, 2024 | Loan Forgiveness
On April 8, President Biden released the details of his new student loan debt forgiveness plan. The plan would reduce payments for 26 million borrowers and erase all debt for four million more. Ten million of these borrowers will receive debt relief of over $5,000...
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