by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Jan 10, 2023 | FAFSA
Student loan balances have spiked in the last few years. The average balance increased from $29,000 in fourth quarter 2016 to more than $36,000 in fourth quarter 2021. To reduce this burden, President Biden announced the Student Loan Forgiveness Plan (the Plan) in...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Jan 5, 2023 | Financial Aid
College is expensive. Fortunately, most students pay less than a college’s published price by taking advantage of the financial aid that’s available to them. Rather than looking at published prices when researching colleges, students should focus on net price — the...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Dec 20, 2022 | Exams
The PSAT and SAT will soon be taken exclusively by computer. This is a welcome change because it affirms the continuing relevance and usefulness of standardized tests in a digital, post-pandemic, test optional era. There is likely to be a significant increase in...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Dec 14, 2022 | Financial Aid
College remains the highest savings priority of parents of college-bound children. Over 75% of parents in this group, when surveyed by The College Investor (TCI), indicated that they’re currently saving for college. TCI found that over 80% of parents are concerned...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Dec 8, 2022 | Financial Aid
Last month, we featured a post titled, “Tuition Discounts Offered as Merit Aid” about the common practice of colleges to provide partial merit scholarships, or discounted tuition. There are two reasons why this has become routine at mid-tier schools as a way to...
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