Colleges prefer to enroll wealthy students because they know it's more likely that they'll pay for full tuition without needing financial aid. They're also more likely to have parents who will donate large sums of money to the school. When the privileged students graduate, they're expected to join the alumni association and also donate cash.
Before Congress cuts funding for Head Start, Social Security, and financial aid for college, we have got to make sure that large, profitable corporations are paying their fair share of taxes.
It's one thing to make financial aid available to students so they can attend college. It's another thing to design forms that students can actually fill out.
I would also certainly continue to keep loan repayment interest rates as low as possible. And I would spread the financial aid a little less thinly across all income brackets.
I was on significant financial aid, an only child, with parents who didn't have much living in North Carolina.
My go-to gifts are scarves from my friend Matin Maulawizada's nonprofit organization, Afghan Hands, which supports disenfranchised women in Afghanistan. In exchange for their beautiful embroidery, the women are given financial aid and classes in math and literacy. The scarves are all stunning and one of a kind.
Financial Aid Office (FAO) administrators are scrambling to educate students on repaying loans, but a disparity in knowledge persists.
In my family, there was one cardinal priority - education. College was not an option; it was mandatory. So even though we didn't have a lot of money, we made it work. I signed up for financial aid, Pell Grants, work study, anything I could.
Your retirement comes before your children's tuition. That's because there's no financial aid for retirement, and there's still a good deal available for college.
I remember bumming rides across town to Georgia Tech, trying to get myself registered, trying to apply for financial aid, trying to get their coaches to watch my film.
