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Education experts told BI these shifts could force colleges to change the way they charge students. Still, steep college costs remain a barrier for many seeking a higher education. Additionally, institutional grant aid for all students rose by $19.6 billion over the same timeframe, accounting for 52% of all grant aid in the 2023-24 school year. Since state funding shifts, there are steps colleges can take to make higher education more affordable for its students. However, it's unclear where federal investment for higher education will sit under President-elect Donald Trump, placing the focus on colleges to consider ways to make a four-year degree affordable.
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U.S. President Joe Biden speaks about student loan debt at the White House on Aug. 24, 2022 in Washington, DC. Following a successful beta test over the weekend, President Joe Biden announced on Monday the student debt forgiveness application is now live. You can visit the Federal Student Aid website to apply for up to $20,000 of student debt relief. What do I need to apply for student loan forgiveness? When is the deadline to apply for loan forgiveness?
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