Colorado has struggled for years to get students to fill out the form. Last year, just 46% of the state’s graduating seniors finished the FAFSA, well below the national average of 57.5%.
Financial Aid
Loan forgiveness policy set to help thousands of El Pasoans
The student loan forgiveness program is expected to help millions of people nationwide, including about 3.6 million Texans who owe $120 billion in federal student loans.
Mississippi plans to tax student debt relief. But Paycheck Protection Program loans are tax exempt.
Under a longstanding state tax provision, Mississippians eligible for the Biden administration’s student debt relief will be on the hook for up to $1,000 in additional state income taxes next year.
How student loans worsen racial wealth gaps
Black college graduates owe an average of $25,000 more in student loans than white college graduates. And Hispanic borrowers were most likely to delay getting married and having children due to student debt.
Local stories of student debt
What our reporters across the country heard about Biden’s announcement: a mix of relief, disappointment, and lingering stress.
How Biden’s student debt relief plan will affect Mississippians
The plan could wipe away some debt for more than half of the nearly 439,000 Mississippians with federal student loans. The average Mississippian with federal student loans owes about $37,000, one of the highest average debts in the country.
Biden to forgive up to $20,000 on student loans, affecting millions of Floridians
Florida’s student borrowers have the fifth-highest debt burden in the nation, owing more than $38,000 in federal loans on average.
Biden’s student loan forgiveness plan promises ‘targeted relief.’ Are you eligible?
Half of all Colorado students graduating college in 2020 held debt, on average $26,424.
As Indiana’s college-going rate dips, can an underused aid program do more?
Four in 10 Indiana students are eligible for the state’s 21st Century Scholars program, but only half of them apply.
Parent loans, another piece in the wealth gap puzzle
The loans prove risky for some families because, unlike direct student loans, they have so few options to decrease monthly payments.