The dollar figure that the federal financial aid form spits out has long left families confused and despondent. And then there are those great expectations.
The Expected Family Contribution — a dreaded and confusing term for parents about to send their children to college — made little sense in the best of times. Now, it’s finally going away.
Among the orders and edicts spilling into the 5,000-plus pages of the bill that President Trump signed into law on Sunday night was one that strikes the three words from the federal Higher Education Act and replaces them with “student aid index.” (NY TIMES)
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