President Joe Biden delivers remarks on student loan debt at Madison College, Monday, April 8, 2024, in Madison, Wis.
Completed applications are running about 30% behind last year and schools are way off schedule in telling students what sort of help they can expect. Many schools have pushed back their traditional Decision Day, when students commit, by as much as a month. “We’re doing everything every day to make it right,” he said. He said the department is in constant communication with colleges, is sponsoring clinics around the country for families to get assistance, and is offering webinars.
Republicans said the department spent too much time focusing on the loans while allowing the problems within the financial aid system to fester.