FAFSA fumble: Millions still waiting for financial aid letters

The video discusses the delays in financial aid programs affecting students across the U.S. due to changes in the FAFSA process. These delays impact lower-income families the most, prompting investigations. The video highlights the challenges in modernizing the system and provides advice for students to prepare their forms and remain patient while awaiting aid decisions.

What is the main issue causing stress among students regarding financial aid?

• Delays in financial aid programs

• Lack of scholarships

• High cost of living on campus

• Increased tuition fees

Who is most affected by the delays in financial aid distribution?

• High-income families

• Lower-income families

• Graduate students

• International students

What has the Government Accountability Office done in response to the financial aid delays?

• Provided more scholarships

• Reduced tuition fees

• Opened new investigations

• Increased funding for colleges

What advice does Caleb Silver give to students regarding the FAFSA forms?

• Ignore the new forms

• Ensure forms are ready for deadlines

• Wait for further instructions

• Submit forms early

How much is the Education Department spending to help with financial aid issues?

• $10 million

• $25 million

• $50 million

• $100 million