Parents with two children in college this year will get a shock when they see their federal financial awards and learn that even if their income and assets remained the same, they are expected to pay twice as much in tuition, thanks to a new law that just went into effect.
The “sibling discount” is dead due to a 2020 law drafted by then-Sen. Lamar Alexander (R-TN) and Sen. Patty Murray (D-WA).
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