FAFSA Simplification Efforts Backfire, Jeopardizing College Enrollment
Colleges grapple with unreliable data and delays in financial aid processing, as students face uncertainty over their educational futures.
- A botched effort to simplify the FAFSA process has led to significant delays and errors, affecting college enrollment for the fall.
- Colleges report high error rates in FAFSA submissions, causing distrust in the data and complicating financial aid packaging.
- Technical glitches and data retrieval issues have resulted in incorrect or incomplete financial aid records, requiring reprocessing by the Education Department.
- The FAFSA rollout's problems have led to a 31% drop in high-school senior submissions compared to last year, potentially impacting 600,000 students.
- Colleges and universities are forced to delay financial aid offers and enrollment deadlines, increasing uncertainty for prospective students.