Student LIFE - The Edvisors Blog

Completing the FAFSA is a valuable step for your education and future earnings, despite the hassle. While this year has been a challenge, it's one step you can overcome in your higher education journey.

The U.S. Congress holds a hearing on the mismanagement of the FAFSA's rollout, discussing its impact on college aspirants without testimony from the Department of Education.

It’s understandable that receiving a college rejection letter can be deeply disheartening and might stir feelings of disappointment and frustration. However, this can be an occasion to view this not merely as an end of an opportunity, but as a redirection to possibly an even better one for you.

Explore the 2024-2025 FAFSA's challenges, from missed deadlines to a complex web of stakeholder failures, and understand its impact on the future of student financial aid in the U.S.

Financial fluency matters because knowledge alone isn’t enough.  With financial fluency you translate information and use that knowledge to make smart money moves. Think of it like being able to plan ahead, invest wisely, and make decisions that help your money grow over time. It's like knowing not just to save money, but where to save it so it earns the most interest.

To say most students have sticker shock when looking at tuition costs is an understatement.  The average cost of college today runs between $10,000-$42,000 per year or more depending on where you go.  Why have higher education tuition rates skyrocketed?  What has caused this and what can do we do to combat it?

Choosing a college is one of the biggest financial decisions you'll make in your lifetime. This important choice not only impacts your career prospects but shapes your finances for years to come. The cost of tuition, room and board, books, and other expenses can quickly add up, making it essential to carefully evaluate your options.

President Biden has announced more details regarding his "Plan B" attempt at student loan forgiveness. The new plan involves the ability to authorize waivers to cancel debt, if implemented, he may be able to provide debt relief to 30 million borrowers. The plan is currently in the negotiated rulemaking process, and is not yet available to borrowers.

Knowing about money aka personal finance is like holding a key that unlocks numerous doors to financial freedom and security. It's about managing your money efficiently, from budgeting and saving to investing and retirement planning. Starting to become financially fluent early is not just beneficial; it's essential.

Federal student loan servicing poses a significant challenge for the U.S. Department of Education. As MOHELA undergoes scrutiny from the SBPC and AFT, and with various upcoming changes for borrowers, how can the U.S. Department of Education guarantee borrower satisfaction?