Tax reform has been central to the national political dialogue for the past month. The House of Representatives has already passed a version of HR 1 and the Senate Finance Committee has advanced a bill to the full Senate. While the two bills differ in significant ways, both contain provisions that would likely have an adverse impact upon families that send their children to private institutions as well as direct adverse implications upon Lycoming and other independent colleges.
Have you heard about the changes coming this year to filers of the Free Application for Federal Student Aid (FAFSA)? These changes have been in the works for years as colleges and the federal government look to ways to simplify the process and give families more time to make the decision on which college is the best academic and financial fit for their child.