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Thirty Million Borrowers Set for Debt Relief

Thirty Million Borrowers Set for Debt Relief

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...
Crunch Time for the FAFSA Rollout

Crunch Time for the FAFSA Rollout

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Apr 5, 2024 | FAFSA

The Free Application for Federal Student Aid (FAFSA) is the means by which students obtain their fair share of the billions of dollars in Federal, state, and college financial aid to help defray the cost of college. The problems affecting the current admissions cycle...
Consider Best Value Colleges

Consider Best Value Colleges

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Mar 26, 2024 | Colleges

The annual ranking of Best Colleges published by U.S. New & World Report (U.S. News) receives plenty of press coverage when it’s released in September. Perhaps as a result, the U.S. News rankings are relied upon by many students and parents in their search for the...
Biden Cancels $1.2 Billion More in Student Debt

Biden Cancels $1.2 Billion More in Student Debt

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Mar 12, 2024 | Loan Forgiveness

Since 2021, the Biden administration has forgiven $138 billion in student loans for 3.9 million borrowers. The Administration announced on February 21 that another category of borrowers would have their loans forgiven by the end of the month. This $1.2 billion tranche...
The Test-Optional Movement May Be Waning

The Test-Optional Movement May Be Waning

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Mar 5, 2024 | SAT/ACT

Colleges never favored using standardized test scores as the primary criterion in admissions. They did considered them useful as the only means of comparing applicants on an apples-to-apples basis. In the early aughts, however, a movement emerged to make test scores...
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