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Left on the Table: The Saga of Unclaimed Pell…

Mar 09, 2023

Consider the tried-and-true axiom for the lottery: “You need to be in it to win it”. Well, when it comes to applying for federal financial aid, nearly two million high school students annually are deciding not to play the game whatsoever, a decision that is costing almost half of them the chance for some much-needed assistance in the form of free money. What’s behind what would appear to be an otherwise easy decision, and what can be done to connect more of these students with available Pell Grant funds?




It’s never too early or too late to save for college and other education expenses using 529 savings programs. Here are four tips to add a little holiday cheer to your 529 savings accounts. In addition to saving for college, 529 plans can now be used to pay for some elementary and secondary school expenses, $10,000 worth of student loans, and certain apprenticeship programs.


Calculating a precise Return on Investment (ROI) of a college degree is less important than taking actions that will result in better returns. We can put the calculator away and think simply about how to increase the Return on Investment for education.

Maximizing educational ROI boils down to:

  • Minimizing the total amount paid for college (the “cost”), and
  • Increasing the income earned from the college experience (the “return”).