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by Javalicious 808 days ago
As a middle-class Gen X-er, the FAFSA gives me PTSD already. ALL the hurdles, knowing that my kid won't get any financial aid anyway. I mean, what's the point? There should be an opt-out button at the beginning: "I know I'm not getting any help. Just finish the wizard and leave me alone."
1 comments

You have to make a lot of money not to at least qualify for a loan.

The issue is that this should be a very simple process. They could import most of the information they actually need from the IRS to make a determination based on financial needs.

Did it change recently?

I came a from a middle class family. I was applying right after the 2008 crash and my parents income was the lowest it was in ages while going through FAFSA.

It was literally a waste of time.

No? FAFSA also takes into account assets, not just income.
It IS a simple process. It uses a ton of pre-filled IRS docs.

Its designed so that a 16/17 yo can do it.

You have to make a TON of money to not benefit from the FAFSA.

That’s great news. It sounds much better than I remember it being.
The form already does import most of the info from the IRS...