2017 Accenture Survey

Each year, College Affordability LLC reviews the findings of the Accenture survey which compares the recent college graduate expectations to the prior two year college graduates actual employment results. A key goal of College Affordability is to provide information to families and students so that they can better understand the financial outcome of a college…

Data Retrieval Tool Restored for Student Loan Borrowers

On June 2, the Department of Education restored partial access to the Data Retrieval Tool or DRT for student loan borrowers.  The IRS had suspended the DRT in March, 2017 due to cyber security issues. This means that borrowers can now automatically transfer their tax return data into applications for any income-driven programs.  This also…

Financial Aid Reductions due to Trump’s 2018 Budget Proposal

President Trump has released the 2018 budget proposal this week and based on the initial review it appears that higher education will face significant reductions, specifically to student aid programs.  These projected budget changes total over $143 billion in savings over the next 10 years.  For the Department of Education, it would represent a 13.5%…

Planning a College Visit

As the 2017 school year is ending, it is just the beginning for the rising high school senior or the class of 2018.  This summer, the college bound student will begin the college search, which may include road trips to visit colleges.  Finding the college fit includes the right combination of academics, financial and environmental…

Using a Parent PLUS Loan

The stress of the college decision process is complete for most families, congratulations!  The next step is paying for college.  Due to the high cost of college, many families may be considering a Parent PLUS loan as an option.  Here are some items to consider when financing your child’s education with a Parent PLUS Loan.…

Ben Franklin Fintech Philly Accelerator

College Affordability LLC was one of the entrepreneur companies participating in Philadelphia’s Fintech Accelerator program hosted by Ben Franklin Tech Partners and Village Capital.   The program was 12 weeks and included eight start-up companies who are involved in the financial service space. College Affordability LLC showcased their EFC PLUS college financial software which is a tool…