Tip of the Week
It was clear the FAFSA needed to be fixed
It was while helping his own daughter complete the 2024-2025 FAFSA, that Secretary of Education, Miguel Cardona realized something needed to be fixed.
In his remarks today at the virtual Federal Student Aid (FSA) Conference, Cardona acknowledged that the root cause of the FAFSA issue was that they needed to fix FSA. This was accomplished, he said, by bringing in outside expertise and changing systems that have been the same for 40 years. Feedback from partners and embracing industry best practices, including beta testing, were key to correcting the FAFSA issues.
Also in his remarks, Secretary Cardona stated that more students are receiving federal aid this year compared to last year and that more of those students are receiving Pell Grants. He said he would like to see FAFSA rates in the country match graduation rates.
Secretary Cardona also addressed the improved loan forgiveness for nearly 5 million borrowers, more than any other administration has done, he said. Public Service Loan Forgiveness accounts for 1 million of those borrowers, including many working in higher education.
On December 5, U.S. Undersecretary of Education, James Kvaal, will address attendees in the Keynote Address.
All the conference sessions, including the keynote speakers, are available to watch on-demand as part of the conference platform.
