COLLEGE SPENDING COMES UNDER CLOSER SCRUTINY

COLLEGE SPENDING COMES UNDER CLOSER SCRUTINY

We know that college costs are increasing, but what’s harder to find out is where the money is going. The American Council of Trustees and Alumni on Wednesday launched a site that makes it easy to track how your hard-earned tuition dollars are spent: HowCollegesSpendMoney.com. It’s geared toward college trustees, lawmakers and policy wonks, who can use the site’s data to lobby for or against government spending for higher education or to compare their institution to others. But parents....

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HOW TO DEDUCT STUDENT LOAN INTEREST ON YOUR TAXES (1098-E)

HOW TO DEDUCT STUDENT LOAN INTEREST ON YOUR TAXES (1098-E)

Student loans, interest payments, and taxes: three things that have scared many people for years now. Read on to learn how these things can benefit you. If you made federal student loan payments in 2018, you may be eligible to deduct a portion of the interest paid on your 2018 federal tax return. This is known as a student loan interest deduction. Don’t miss out on this opportunity to make the money you’ve paid work for you! Below are some questions and answers to help you learn more about ....

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CHANGE IS ON THE WAY FOR THE COLLEGE SCORECARD

CHANGE IS ON THE WAY FOR THE COLLEGE SCORECARD

The U.S. Department of Education is planning to add a lot more data to its College Scorecard, the online database of information about two- and four-year colleges and universities. It has been heavily criticized for lacking information on the earnings and debt for college students.   Users can look up individual institutions to find details on cost, graduation rate, student body demographics, and other characteristics. But in its current state, the College Scorecard is not very use....

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NEW FEDERAL STUDENT AID (FSA) MOBILE APP

NEW FEDERAL STUDENT AID (FSA) MOBILE APP

As part of its continued efforts to modernize and improve the quality of services provided by Federal Student Aid (FSA), the U.S. Department of Education this week launched its first-ever mobile application. The myStudentAid app will allow students and parents to easily and securely complete the 2019–20 Free Application for Federal Student Aid (FAFSA®) using the app's myFAFSA component. "The future of the FAFSA is here," said Education Secretary Betsy DeVos." "Now, students and their familie....

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