Shopping for Student Loans: Treacherous Territory

April 25, 2007

Public confidence in college financial aid offices has been shattered by revelations of gifts, trips, deals, and kickbacks from lenders. In the resulting confusion, I have been asked time and again: "Is there a web site you can recommend where students can get accurate, complete and unbiased comparisons of student loan rates?"


What We Think of the New FAFSA4caster

April 2, 2007

On April 1, the U.S. Department of Education released the FAFSA4caster, an online tool intended to help families plan for college by providing early estimates of their federal financial aid eligibility. To get an early aid estimate, students and their parents have to answer 96 questions from the actual FAFSA.


Simplifying the FAFSA for everyone

February 20, 2007

The most inefficient and intimidating part of the financial aid process is requiring students and families to transcribe, calculate, and submit piles of income information that the government already has. An article in today's Inside Higher Ed describes how researchers are conducting an experiment with H&R Block that pre-fills the FAFSA with selected clients' tax data.


2004-05 economic diversity data available

October 18, 2006

The entire Economic Diversity of Colleges web site has been updated with the best available information for the 2004-05 school year. Institutional profiles reflect the new information with fresh charts and graphs, and the new data has been added to the comparison tool as well as the institutional data pages. We welcome your questions, comments, and suggestions about this update...


More debt data now available

August 28, 2006

The Economic Diversity web site now includes the average student loan debt for the 2005 graduating class as reported by 1,421 four-year institutions. Also included is the proportion of graduates with any student loans. The site provides access to these data (as well as comparable figures for 2000 and 2004) through an agreement with college guide publisher Thomson Peterson's....