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Section 127 Employer Educational Assistance Plans

Section 127 Employer Educational Assistance Plans

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Sep 8, 2023 | Tuition Assistance

When companies compete for the best employees, the quality of their benefits packages is a key differentiator. Prospective employees look for a comprehensive package that will improve their financial condition and help them prepare for the future. An IRS Section 127...
The CSS Profile Can Increase Financial Aid

The CSS Profile Can Increase Financial Aid

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Aug 28, 2023 | Financial Aid

In addition to the Free Application for Federal Student Aid (FAFSA), some college-bound students complete another application called the College Scholarship Service Profile (the Profile). The Profile is required by 240 colleges and a number of private scholarship...
The AP Program’s Impact On Secondary Education

The AP Program’s Impact On Secondary Education

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Jul 24, 2023 | Exams

Experts in higher education have long criticized the Advanced Placement (AP) program, but few have been as scathing as John Tierney, a professor at Boston College. In an article in Atlantic Magazine, he said, “Fraudulent schemes come in all shapes and sizes. To work,...
Court Strikes Down Use of Race in Admissions

Court Strikes Down Use of Race in Admissions

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Jul 18, 2023 | Court Decisions

In two recent cases, Chief Justice John Roberts, joined by all five conservative justices, held that race-based affirmative action violates the equal-protection clause of the Fourteenth Amendment and Title VI of the Civil Rights Act of 1965. According to the majority...
Biden’s New Plan for Student Loan Forgiveness

Biden’s New Plan for Student Loan Forgiveness

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Jul 10, 2023 | Court Decisions

President Biden’s Student Loan Forgiveness Plan, as announced last August, was set to cancel $10,000 in Federal student debt for those making less than $125,000 or households with less than $250,000 in income per year. Pell Grant recipients would have gotten an...
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