124. FAFSA Changes Making College More Expensive!!

In this enlightening episode, hosts Dave Kozak and Joe Kerins delve into the transformative changes in the college financial aid system. They kick off with a historical overview, tracing back to the Higher Education Act of 1965, and then fast-forward to the present-day shifts, including the introduction of the Student Aid Index (SAI) and the implications of the FAFSA Simplification Act.

Listeners will gain insights into the purpose and significance of financial aid tools like the FAFSA form, the role of 529 plans, and the intricacies of the CSS Profile. The duo also discusses the unintended consequences of recent reforms, such as increased asset scrutiny and potential challenges for family-owned businesses.

The episode further explores the broader impact of these changes on colleges, touching on administrative challenges, potential financial inefficiencies, and the evolving dynamics of college admissions.

Whether you're a student, parent, or educator, this episode is a must-listen to understand the complexities of college financial aid and to navigate the system effectively. Join Dave and Joe for a deep dive into the world of financial aid and arm yourself with the knowledge to make informed decisions.

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