Sunday, February 22, 2009

Finanacial aid

This 6 page packet was seen before as an underused resource, now in this economy this resource is being used at an all time high. The current state of the economy in the U.S. is forcing families to use this government aid. This form has some loop holes in it because it excludes personal assets like boats,and etc. and it also excludes cost of living in that residential area. This applicant number has rose more than 20% from last year. In this crisis some are trying to take advantage of this service and are ruining it for others. President Obama was asked about this form, and he said he is tring to remove the form in total. Other universities are trying to change the perameters of the form to fit it to the standards of the university. Experts say that the form can be simplified without making it flawable. This could create a more realistic system. This change is very weird because the U.S. is in an economic crisis where people need support, and the president is thinking about removing this system. This change could be for the better or for the worse we just need to see if the revoking of this system will solve this problem.
3 pages
http://www.nytimes.com/2009/02/22/education/22fafsa.html?ref=education
Lewin, Tamar "The big test before college? The financial aid form." New york times. 21 February 2009. 22 February 2009.

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