Millions Hurt by Education Dept.’s Financial Aid Processing Delays
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Millions Hurt by Education Dept.’s Financial Aid Processing Delays

Millions of students each year rely on student loans and grants to afford the rising cost of college. This year, that’s about 17 million Americans.

They fill out the Federal Application for Federal Student Aid, known as the FAFSA. But this year, the U.S. Department of Education is very far behind in processing the forms, and it has committed many major errors.

As a result, most colleges have no idea how much financial aid their students and applicants will get. The students don’t know either.

It’s a six-alarm fire. It’s an EF-5 tornado. It’s a 9.5 earthquake. It’s the Kraken.

That’s no exaggeration. FAFSA forms from high school seniors are down about 27%, or about half a million students. It’s unclear whether those students will keep trying or will give up on college.

Some colleges might go under because of the drop in enrollment, with colleges…

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