Financial Aid Policies Fail to Assist Low-Income Students

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Robvhl59 of IA 12:35AM April 01, 2013

The American Opportunity Credit has allocated up to $50 billion per year to assist students with the continued rising costs of tuition. A student receives loans, grants, scholarships, etc. but still the costs of tuition supersedes these assistances. This extremely overlooked form of financial aid can provide students with an extra $10,000 in the course of their 4 year college career. This is not a loan, and is more like a grant in that these funds do not need to be paid back. Watch this video for further detail.

http://www.youtube.com/watch?v=1ZyfD39hZ5M

Mr. Spread Love of FL 11:08AM August 05, 2011

Ed Trust's bottom line: the administration must figure out how to ensure colleges are not undermining the mission of increasing college enrollment and its democratic principles of making college accessible and affordable for low-income students.

That statement is Marxist and statist to its core. Colleges distribute aid in a way that is beneficial and healthy for them. It is none of the "administrations" business how colleges choose to distribute their institutional aid and they need to keep their grimy federal fingers out of it.

Ben of WA 11:28AM July 14, 2011

Strange. I thought it was the private loans being traded as SLABS (student loan asset based securities) that was giving everyone a hard time.

Rob of MA 10:25PM July 13, 2011

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Equal Justice Works® is a national nonprofit organization working to provide public interest opportunities for law students and lawyers and to reduce the financial barriers preventing many from pursuing and remaining in public service careers. It advocates for legislation to reduce the educational debt burden for all students and professionals and provides detailed information on educational debt relief programs to prospective and current students, graduates, schools, and employers. The organization's E-book, Take Control of Your Future: A Guide to Managing Your Student Debt, offers information and guidance ranging from borrowing to repayment and relief programs such as Public Service Loan Forgiveness and Income-Based Repayment. Got a question? E-mail studentloanranger@usnews.com.

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