Jim Uren, CFP®’s Post

Are you a prospective student struggling with the FAFSA delays? Here's how we can help in the interim.

We're all aware of the financial burden that college tuition can bring. The College Board reports that for out-of-state students in the 2023-24 school year, the cost of tuition and fees at a public, four-year college was $29,150. That adds up to nearly $117,000 over a four-year college journey. Are you prepared for these expenses? Schedule a meeting to discover what to prioritize and consider when planning for higher education. #CollegeCosts #FinancialPlanning #HigherEducation

Every year, the College Board releases new college cost data and trends in its annual report. The figures published are average cost figures based on a survey of approximately 4,000 colleges across the country. Read our blog post to learn the cost highlights for the 2023–2024 year. https://hubs.li/Q02cHcKd0

On March 15th, 2024, the Biden-Harris Administration announced new steps to crack down on hidden junk fees as part of President Biden’s agenda to lower costs for students and families paying for college. Junk fees are hidden costs or surprise fees that companies and institutions include on customer or student bills, increasing their costs. #cheapertuition #collegeforall #collegesavings #affordability #inflation #risingcosts #monetarypolicy #junkfees https://lnkd.in/egNPkYfr

Learn more about the Biden administration’s final regulations to significantly enhance oversight and accountability for higher education institutions and strengthen consumer protections for student borrowers. The regulations, which will go into effect July 1, 2024, directly answer President Biden’s agenda to make college more affordable, hold colleges accountable, and protect taxpayers and consumers.

Some progressive policy experts are beginning to agree with conservatives on the underlying flaw of our current higher education finance regime: Profligate federal lending is showering money on colleges with minimal accountability for student outcomes. Beth Akers and I yesterday:

This year's FAFSA has come with countless challenges and delays for students and families. Did you know the education line of credit offered by Student Choice allows borrowers to apply now, even if they're unsure of the amount they'll need or the college they'll attend? They can return to finalize the process once they know the details. Review the tips we're passing along to students waiting on their financial aid information. https://lnkd.in/e45_ZD9a

College costs can be a huge barrier for many students wanting to further their education. If you or your loved ones are concerned about the ability to afford college, you are not alone. Here are some savings tips to kick off the start of College Savings Month: https://hubs.la/Q02MM8Mw0

We're Excited To Share This #FinancialAid Article We Wrote For Earnest About Navigating #FAFSA, #College Budgets, Smart #Scholarship Application Strategies & #StudentLoan Options!

NEW BLOG & ANALYSIS | Chairwoman Virginia Foxx introduced the College Cost Reduction Act (CCRA) earlier this year. However, key provisions of the CCRA would make college less affordable and leave students more vulnerable to fraud and abuse. Our blog and analysis show that the College Cost Reduction Act (CCRA) needs significant changes to ensure socially valuable careers are not impacted. The CCRA would likely lower access to federal student loans, increase loan repayment costs, and jeopardize the pipeline for socially valuable but lower-paying professions like teaching and social work. ▶️ Read more about how it would Increase Costs for Borrowers here: https://buff.ly/3wgiQM3 ▶️ Read more about how it would make #HigherEd Riskier and Loans Less Affordable https://buff.ly/4cOxtGd ▶️ Read more about how CCRA could threaten the teacher pipeline here: https://buff.ly/47d13DQ