Only 32 percent of the 2024 high school graduating class has submitted a FAFSA, a 30% decline from this time last year. Lol.

like
Posting as :
works at
You are currently posting as works at

I’m not sure what to make of this. Interested in hearing what people believe is behind this trend?

like

I believe people aren't seeing the point in college any more, since depending on choice of major, it might actually be pointless to get a degree. Lots of people have been struggling to find jobs with their degrees (8+ months searching, applying to over 100 jobs, hearing back from around 5% and maybe out of 100 applications reaching 3-5 interviews and MAYBE one offer). On top of that tuition is insanely high and many people don't qualify for financial aid or would receive very little.

Add to that how expensive everything has become in the last few years (groceries, insurance, rent/housing, etc.) and people are left wondering why they should obtain a degree and burden themselves with student loans when they're not guaranteed to get a job with that degree?

Also with already outrageous tuition still rising, interest building on student loans can make it nearly impossible to pay them off. Using myself as an example, I have about 37k in federal student loans with an average interest rate between them of 4.2%. I'm enrolled in the SAVE plan and my monthly minimum payment is $153. Of that amount, $143 goes towards interest. It should also be considered I was able to borrow so much in federal loans due to my family's financial situation. Many other people would need to take private loans in order to attend college, and they usually have much higher interest rates.

You need to submit a FAFSA for statistics.
I remember my family filling it out. We knew we were not going to get any aid unless it was from the college due to merit. The process went as expected.
I became a data scientist and used data from FAFSA for so many things.

I didm't even realize that was part of the reason everyone had to fill out a FAFSA and that makes so much sense. I think there are so many people who don't do it like they are supposed to.

Related Posts

Best way to go about getting contract work for new solo/startup? Should I just ask around the area for people doing that type of work and see if they have anything?

like

Has anyone refinanced their student loans on h1b visa? Is common bond the only option?

Definitely not a stress puppy.

Post Photo
like

Is there anyone that works at Slack that would be willing to give me a referral for their Corporate Counsel (Commercial) position?! I really want this job so please send me a message if so and we can work something out! TIA!

like

Any opening for marketing? I have 10 years of experience in marketing strategy & implementation. My precious firms include law firms and a public company. Any recommendations/referrals are greatly appreciated.

like

Hello Fishes..
I have attended wipro HR discussion 2 days before .. post HR discussion, I was requested to send adhar , photographs and existing offer letter.
What will be the next steps and how many days it will take to get the offer letter.

like

Hi,

I am having total 4 year of experience. CCTC is 8.6 lpa TechStack is Java,Springboot,Microservice with Azure cloud

I have offer of 19 LPA from Optum which includes 2.5lpa variable

Today after HR round with Morgan Stanley they have given me the amount as 2365000 base + 141900 EmployerPF + 354750 Variable + 4.75 lakh relocation.

Now, I am totally confused which one should I proceed as the amount is also beyond expectations from Morgan.

Please help me in choosing one out of both of these.

like

Landed an offer today and negotiated a late start. Is it valid to be scared to start late in case signed offers can get rescinded? With current trends 😱

like

Kind souls who successfully exited to Google,

Would you be kind enough to refer me to a role at Google!
Came across a role that's a good fit. Would ideally like to target it through a referral and not by applying through the career site.

Would also love to maybe take you for a meal or alike to thank you for it :) Google

Thoughts on that cfa institute email today. Are you changing test center location? Currently registered for DC but I think if a location is going to close that’s probably up there in likelihood.

like

Directors, whats your base? How much was bonus?

funny

I’m trying to get all my ducks in a row for when I quit here at the end of next month… I am taking a break to figure out what I want to do, so I will be unemployed for a time. Do I have to notify the ARDC of this change (IL licensed)? Do I have to immediately switch to inactive status or can I stay active in case I decide to keep practicing law just a few months later? Thanks in advance fishies!!

like

What would you consider the “it” company of today in tech from an employee perspective (in terms of culture, growth, pay, etc) and what companies should be avoided?

like

I have an impromptu review tomorrow and am hoping to negotiate a higher salary as my role has been expanded since hired, and we have lost a designer with no intention of hiring anyone to fill the position. Hoping to get some comparable salaries to see where I stand and what to ask for.

Sr Graphic Designer
10 years experience
With the company for 3.5 years (6 months full-time and 3 years as a freelance designer)
Salary is currently $75,000
10% yearly bonus
I’m in KC. Company is in San Diego.

like

Hi Fishes, I have a query which may be very simple but I am completely unaware of this, so wanted to enlighten myself regarding this.. any suggestion will be appreciated.

Because of character limit adding my query in picture.

Post Photo
like

Hi Everyone,

I having below offers in hand. Please guide me for a wise decision in selecting a company

L&T - 10.5 LPA
INTELLECT DESIGN ARENA - 8 LPA
EMPOWER RETIREMENT- 10 LPA
FUJITSU- 11.5 LPA
TEKIZMA - 7 LPA

CTC is not a matter. I need good learning, WLB and good culture.

like

Can someone please suggest me a good course on Salesforce?

I am a starter and have zero knowledge about Salesforce

like

CAN SOMEONE PLEASE GET ME INTO HIGHMARK

funnylike

Another good senior gave notice today 🥲 don’t blame her one bit and wish her best of luck - I just wish our firm would’ve treated people better so that people at least don’t leave during busy season (we are filing in 3 weeks). Now I am seeing a lot of people leave during even busy season.. and I would’ve too if I had an offer

like

Additional Posts in Student Loans

Has anyone refinanced their student loans on h1b visa? Is common bond the only option?

If you didn't have to pay off any more of your student loans what would you use the money for instead? I'm stuck between something impractical like a trip somewhere or something I need like a new car lol

like

I have a 25K loan from my MBA. I paid off 100k whole, after graduation. 3 years ago, I moved my loan from federal to private ( SOFI) account. I recently lost my job. I have applied for unemployment, as the severance that I received will only cover for 2 months. Together my husband and I used to make less than 250k after tax. Now, with a loss of pay , we are going to make less. Do you think I will be eligible for Loan forgiveness?

like

Not mad that student loans being paused means I can use the money for Christmas. Are you still making payments during the pause? Or are you saving the money for something else. My christmas present to myself is a spa day!

like

Curious to know how much your student loans were when you graduated from your program, how much you’ve paid off so far, and your age. If you have any varying factors too, like kids, income range, etc. Just trying to see if I’m on track or slacking in life. I am 34 yo, i graduated with 95k in student loans, i currently have 85k left and i make 85k in come. I’m also a single mom with two kids. Just praying for 100% student loans forgiveness. Wishful thinking???

like

In a perfect world how much would you want to make a year to both pay off your loans and live a good life? I think I'd need to make upwards of $200k to pay off my loans, take care of my family and live a fulfilling life.

like

Does having student loans impact your ability to get a mortgage?

like

If you could go back in time what would you tell yourself before taking out student loans?

like

New to Fishbowl?

Download the Fishbowl app to
unlock all discussions on Fishbowl.
That was just a preview…
Sign Up to see all discussions
  • Discover what it’s like to work at companies from real professionals
  • Get candid advice from people in your field in a safe space
  • Chat and network with other professionals in your field
Sign up in seconds to unlock all discussions on Fishbowl.

Already a user?
Login here

Share

Embed this post

Copy and paste embed code on your site

Preview

Download the
Fishbowl app

See what’s happening in your industry
from the palm of your hand.

A phone with Fishbowl app

Scan your QR code to download
Fishbowl app on your mobile

Download app

Sign up for free to view this conversation on Fishbowl

By continuing you agree to Terms of Use and Privacy Policy

Already have an account? Log in

Sign up for free to continue using Fishbowl

By continuing you agree to Terms of Use(New) and Privacy Policy(New)
Messaging rates may apply

Already have an account? Log in

For account settings, visit Fishbowl on Desktop Browser or

General

Legal