FAFSA is meant to make life easier for students and their parents. It’s an acronym for applying for Federal Student Aid, and one of the few things the federal government is doing right. Of course, there are certain procedures to be followed when applying for a Pell Grant or a federal student loan, so let’s take a brief look.
What’s a graduate’s greatest concern? Student loan debt! School loan debt surpassed personal credit card debt as the largest source of debt parlayed by Americans. Collegians are now discovering themselves locked in with payments tallying 30 years for their college degree. Obviously this form of debt has spiraled out if control. The greatest question graduate students are asking is, “How do I pay off my student loan debt?”