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The Daunting Prospect of Paying For College & What To Do About It

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For many families, paying for college can be an overwhelming proposition, including not just the cost of tuition - but also books, housing, and food.

Add to that: Some families have more than one student attending college at a time.These costs can exceed an average family's income, leading to extreme financial strain and huge student debt.

But there is help in figuring out how to handle it all -- and a bipartisan effort in Congress to simplify the federal loan application process. 

GUESTS:

  • Tori Berube -  Vice President, College Planning & Community Engagement for N.H. Higher Education Assistance Foundation (NHHEAF) network organizations.  
  • William Hughen - District Director of School Counseling for the Hudson School District.
  • Kimberly Jones - Vice President for Public Policy and Communications for the Council forOpportunity in Education.

Related Reading.

A bipartisan fix to FAFSA complexity appear to be in the works in Congress.   Inside Higher Ed reportson a Senate bill called the FAFSA Act, which would simplify the loan application process by amending the tax code and the Higher Education Act. 

Most college students take out loans to pay for college. U.S. News & World Reportlists 10 advantages of  federal student loans over private loans,including greater borrowing protections.   

Among the many recommendationson paying for college: fill out the FAFSA form and start a 529 account

The 2018 Pell Institute reporton higher education equity in the U.S.   New Hampshire ranks top in the U.S. for the cost of in-state tuition. 

TRIO Programs help students with low-income backgrounds and also first-generation students attend college and complete a four-year degree.   On Feb. 21 and 22,  students from around New England will be attending a TRIO event at the Radisson in Nashua, participating in workshops on applying to college and for financial aid. 

 

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