by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Apr 9, 2022 | Financial Aid
For some time, a public policy controversy has raged over the excessive debt burden that a high percentage of college students owe after graduation. These debt loads are attributed to the skyrocketing of tuition at public and private institutions over the last few...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Mar 31, 2022 | Financial Aid
Many students experience a constant struggle to remain enrolled in college due to financial insecurity. In early 2020, this situation worsened as a result of the pandemic, which brought about a steep decline in service sector jobs and affordable off-campus housing....
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Mar 23, 2022 | Financial Aid
Late March and early April is happy season for college applicants. It’s when they receive letters of acceptance and financial aid offers from the schools that have admitted them. The happiest are those who receive more than one offer. But these students won’t simply...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Mar 20, 2022 | Financial Aid
In the Opinion section of the March 1, 2022, edition, the Wall Street Journal ran an article titled “How Inflation Affects Universities: Rising Tuition Is a Concern for Students”. Yet on December 2, 2021, Forbes had run an article titled, “Why College Tuition Is...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Mar 16, 2022 | Financial Aid
On December 22, 2021, U.S. Department of Education extended the COVID-19 student loan repayment moratorium through May 1 of this year. The moratorium has been providing the following relief measures for eligible Federal student loan holders since the enactment of the...
by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Jan 25, 2022 | Financial Aid
Some parents view the need for student financial aid as a sign that they haven’t earned enough money or didn’t do a good job of saving for their child’s college education. It’s important for these parents to realize that the cost of college tuition has been spiraling...
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