Financial Aid (Education)

Student Loan Borrowers Don’t Deserve ‘Forgiveness.’ They Deserve an Apology.

Still not convinced that the nation should ask debtors for absolution, and not the other way around? Consider the facts. First, there’s the Free Application for Federal Student Aid, or FAFSA, which for decades has yoked millions of students and families each year to its cumbersome form, confusing questions and confounding — and infuriating — […]

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Early Decision Isn’t Binding. Let Us Explain.

Why doesn’t the Common App just say that? “We’ve reviewed as a team and agree with your point that it could be worded more clearly, so we’ll be discussing internally about how to make edits for future application cycles,” Ms. Steele said in an email. (My request to talk this out over the phone was […]

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What to Know as Student Loan Repayments Restart in February 2022

There’s a confusing assortment of plans available, and there may even be a new one coming, though probably not for a while. For now, the alphabet soup includes PAYE, REPAYE, I.C.R., and I.B.R. (which comes in two flavors, with the latest version updated to have slightly better terms for newer borrowers). Monthly payments are often […]

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