FAFSA and Paying for College

Wells Fargo still works with studentsSo once again we’re coming up on the yearly FAFSA deadline and college students have to wonder how the federal government may, or may not choose to change the rules once again.

The incredible thing to me is that our parents and grandparents generation has benefited greatly from Medicaid, Medicare and generous pension benefits provided by the companies they worked for.  Unfortunately, they don’t seem willing to even able to see that the younger generations of Americans deserve those same choices.

For college students at the community college level all I can tell you is that you can no longer count on anything resembling long term federal financial aide.  Big banks though will continue lending money to students because unlike Uncle Sam, they know we are good risks who are likely to pay that money back in a timely manner.