This year's form will be shorter and easier to fill out. But it'll also arrive more than two months late.
They're cheaper and quicker than earning a bachelor's degree. When students complete their courses, jobs will likely be waiting for them.
No need to miss mom while you're away at college when you can rent one for $49 per month.
More than 360 schools have committed to the initiative, but thousands in the U.S. haven't. That will make comparison shopping hard.
It's part of a one-time fix by the Biden administration to the income-driven repayment program for federal student loans.
But many schools are expected to hang on to legacy admissions for financial reasons.
It's a shortage that starts on college campuses, with more and more students opting for data analytics jobs in other sectors.
This spring, there were 14.2 million undergraduates in the U.S., about 9% fewer than in spring 2019.
The May 1 ritual can put pressure on students to make a choice before they have financial aid information, a college consultant says.
Yanely Espinal, host of Marketplace's podcast "Financially Inclined," tells the story of taking on a financial responsibility she wasn't prepared for.