Oyin Adedoyin

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1,572 appearances 36 recordings 1 series first heard Mar 2023 last heard Feb 2025

Oyin Adedoyin’s voice in public audio — every appearance, attributed to the second.

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WSJ Your Money Briefing · The New Fafsa Is Out. Here's What Students and Families Need to Know. · 22 Nov 2024 podcast

There's just been a lot of angst around this application from families and students to colleges and universities.

So there's a lot of doubt in the system right now with that application.

It caused a decrease in the number of students and families that were either able to successfully complete the FAFSA or even try to attempt it.

Some 46% of high school seniors completed the form earlier this year.

That's down from more than half of high school seniors last year.

So you could see how people were discouraged from completing the form.

I did.

It was a lot of stress.

Applying for colleges and universities is always stressful for students every year and their families.

And the FAFSA was always seen as this daunting form.

So the idea that it would be simplified into something that could be done in five minutes or less was really exciting for families.

So when it turned out that it actually ended up overcomplicating the form, that really stressed a lot of families out.

And it compressed the timeline greatly for families to decide where they wanted to send their kids to school.

Colleges were scrambling, too.

Financial aid departments were super stressed.

They had to operate in a more compressed timeline as well, since the FAFSA glitches caused delays in when the form was released.

So financial aid departments had weeks to do something that they would otherwise do in months.

then they don't qualify for federal student aid.

So that's money from the government, whether that's a Pell Grant, which you don't have to pay back, or some kind of student loan.

But they also might not qualify for certain state or local scholarships because those processes also use the FAFSA to inform how much need a family might have.

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