"With the coronavirus pandemic upending higher education, many are reconsidering what a college education looks like for them — and how much it’s worth. According to Student Loan Hero’s analysis of the mid-to-late September Household Pulse Survey from the U.S. Census Bureau, 81.7% of households with at least one college student in it have either canceled plans to take courses this fall or have significantly altered them," Student Loan Hero reports. 

..."Talking to the financial aid office is a vital first step for those who are worried about financing their college education during these times. It can feel discouraging, as many schools have seen an onslaught of financial aid review requests. (In fact, according to data from the National Association of Student Financial Aid Administrators, 59% of survey respondents from more than 200 college and university financial aid offices saw a noticeable increase in requests for professional judgement between March and late September.) But it’s still an important step."

Publication Date: 11/3/2020