176
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 19 Aug 2023
176 points (87.6% liked)
politics
18881 readers
4595 users here now
Welcome to the discussion of US Politics!
Rules:
- Post only links to articles, Title must fairly describe link contents. If your title differs from the site’s, it should only be to add context or be more descriptive. Do not post entire articles in the body or in the comments.
- Articles must be relevant to politics. Links must be to quality and original content. Articles should be worth reading. Clickbait, stub articles, and rehosted or stolen content are not allowed. Check your source for Reliability and Bias here.
- Be civil, No violations of TOS. It’s OK to say the subject of an article is behaving like a (pejorative, pejorative). It’s NOT OK to say another USER is (pejorative). Strong language is fine, just not directed at other members. Engage in good-faith and with respect! This includes accusing another user of being a bot or paid actor. Trolling is uncivil and is grounds for removal and/or a community ban.
- No memes, trolling, or low-effort comments. Reposts, misinformation, off-topic, trolling, or offensive.
- Vote based on comment quality, not agreement. This community aims to foster discussion; please reward people for putting effort into articulating their viewpoint, even if you disagree with it.
- No hate speech, slurs, celebrating death, advocating violence, or abusive language. This will result in a ban. Usernames containing racist, or inappropriate slurs will be banned without warning
We ask that the users report any comment or post that violate the rules, to use critical thinking when reading, posting or commenting. Users that post off-topic spam, advocate violence, have multiple comments or posts removed, weaponize reports or violate the code of conduct will be banned.
All posts and comments will be reviewed on a case-by-case basis. This means that some content that violates the rules may be allowed, while other content that does not violate the rules may be removed. The moderators retain the right to remove any content and ban users.
That's all the rules!
Civic Links
• Congressional Awards Program
• Library of Congress Legislative Resources
• U.S. House of Representatives
Partnered Communities:
• News
founded 1 year ago
MODERATORS
Edited to add: the reason it's worth discussing is because people shouldn't think that applying for student loans will increase the cost of attendance. It won't. The costs of public universities are fixed, publicly listed, and don't change based on your need for financial aid. If you need student loans to pay tuition, it is ok. Just try to avoid financing housing and food costs of at all possible.
Something about the story here is off. I work in higher Ed, have multiple degrees I paid for partly with grants, scholarships, and student loans.
The FAFSA is the Free Application for Federal Student Aid. The way it works is you report your financial assets and your parents income (unless you are considered an independent student, over 25, etc), and the FAFSA calculates an expected family contribution towards your education and determines eligibility for Pell grants, subsidized student loans, and unsubsidized student loans.
The school you are admitted to looks at the total costs of attending school, and then calculates the amount of student loans you need after applying grants and scholarships.
In the story above, the only way to get the same number for student loans (or parent loans) poping out is if the cost of attendance is identical. So something about the story smells from the start. Then it ends with them applying as a "regular" student and just paying tuition. But there is no tuition difference, or enrollment difference. FAFSA is just financial aid and doesn't impact what the costs are at all or what kind of student you are enrolled as.
So if tuition at Oregon was $10k, applying for a FAFSA wouldn't change that. All it would do is give you access to grants and student loans.
Being generous, maybe they were confused by the attendance costs including things like dorms and meal plans. But they could have opted out of those costs, just like they did at Oregon.
Long way of saying that the story just doesn't match reality so I would take it with a grain of salt. Higher Ed has many faults, but this story is more one person's confused anecdote rather than an exemplar of what is wrong with the system.
You're right--this doesn't make sense at all.
When I was applying to colleges (public universities) the tuition was the tuition. Schools didn't care whether the money came from scholarships, federal subsidized student loans, unsubsidized student loans, grants, parental loans, or cash.
I don't even know how what the OP is proposing would work. Tuition is public and you would already know what type of loans you would be eligible for. Utilizing FAFSA wouldn't suddenly make a public university 46k/yr more expensive.
Well, it is our story and I stick by with what I wrote, and, yeah, it was including the dorm and all of that.
I just found it weirdly suspicious that all three schools settled on the same number, almost like it wasn't the cost of education, but rather how much they thought they could milk us for.
But using student aid doesn't change that cost. Now, UC Davis and Lewis and Clark State college are both on the expensive side, but they publicly list the cost of attendance. All the FAFSA and their financial aid system does is take that cost, and match it with available aid.
It really sounds like you were offered similar aid packages at multiple universities that included tuition, fees, housing, and meal plans, were sticker shocked, and went to a fourth university and just paid tuition and found cheaper living arrangements. Which is a great way to do it, but not a fair apples to apples comparison.
The reason the distinction is important is because you could have opted to pay just the tuition like you did, but using grants (which aren't paid back) and student loans. Some people can't afford to pay for school out of pocket and they shouldn't come away from this thread thinking that applying for student loans increases their costs, which they don't.