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Mark Kantrowitz

Mark Kantrowitz is an expert on student financial aid, scholarships, 529 plans, and student loans. He has been quoted in more than 10,000 newspaper and magazine articles about college admissions and financial aid. Mark has written for the New York Times, Wall Street Journal, Washington Post, Reuters, USA Today, MarketWatch, Money Magazine, Forbes, Newsweek, and Time. You can find his work on Student Aid Policy here.

Mark is the author of five bestselling books about scholarships and financial aid and holds seven patents. Mark serves on the editorial board of the Journal of Student Financial Aid, the editorial advisory board of Bottom Line/Personal, and is a member of the board of trustees of the Center for Excellence in Education. He previously served as a member of the board of directors of the National Scholarship Providers Association. Mark has two Bachelor's degrees in mathematics and philosophy from the Massachusetts Institute of Technology (MIT) and a Master's degree in computer science from Carnegie Mellon University (CMU).

Mark’s latest articles

Biden Student Loan Forgiveness Plan
August 28, 2022

President Biden’s Student Loan Forgiveness Plan

President Biden’s student loan forgiveness plan includes $10,000 or $20,000 in student loan forgiveness. Here’s what to know.

FAFSA asset protection allowance
August 18, 2022

Assets for FAFSA Protection Allowance Plunges To Zero

Learn why the FAFSA asset protection allowance is dropping to zero and how it could impact your eligibility for financial aid.

delayed onset investment strategy
May 30, 2022

Delayed-Onset Glide Path Investing In College Savings And Retirement Plans

Improve your investment risk with a dynamic strategy that adjusts the asset allocation over time. Here’s what you need to know.

What Is Forbearance Steering
May 12, 2022

What Is Forbearance Steering and How to Get Help

The Department of Education recently cracked down on forbearance steering and is offering more loan forgiveness with the IDR Waiver.

Bypass The Coverdell Contribution Limits
March 29, 2022

How To Bypass The Coverdell Contribution Limits

Coverdell education savings accounts have a $2,000 annual contribution limit per beneficiary, but there are ways to get around this limit.

How To Implement Broad Student Loan Forgiveness
March 23, 2022

How To Potentially Implement Broad Student Loan Forgiveness

There may be a way for the Secretary of Education to implement broad student loan forgiveness through a regulatory change to ICR.

This image is a minimalist, two-toned graphic illustrating college cost estimates and financial planning. The left side, set against a light background, features outlined icons in black and green, including a pie chart with one slice highlighted in green, a magnifying glass, a graduation cap, and various geometric shapes like a plus sign, dots, and a triangle, all representing different aspects of college expenses. The right side is dominated by a large calculator with a dollar sign on its screen and two coins marked with "1" underneath it, all set against a solid green background. This visual effectively conveys the article's focus on calculating and understanding the true cost of attendance (COA), including direct and indirect costs like tuition, fees, housing, food, books, and transportation, and the importance of budgeting before borrowing for higher education.
February 21, 2022

The 3 Best Budgeting Student Loan Tips

When creating a budget for college, make sure you are considering these costs before you borrow and during student loan repayment.

A cartoon illustration depicts a young female student, characterized by her brown bob haircut and blue dress, seated at a desk on the left, looking eagerly towards a computer monitor on the right. She has a wide, excited smile on her face and her hands are clasped together, conveying anticipation. A fishing rod extends from the computer screen, held by a striped, gloved hand reaching out from within the monitor, dangling a folded dollar bill as bait directly in front of the student. The desk features a stack of papers and a pen holder, suggesting a study environment. This image visually represents the article's topic of college scams, illustrating how students can be enticed by fraudulent offers, such as scholarship scams, financial aid scams, or student loan scams, that promise money or benefits in exchange for an upfront fee or personal information, ultimately leading to identity theft or financial loss.
January 3, 2022

The Most Common College Scams [And How To Avoid Them]

We break down the most common college scams, including student loan scams, scholarship scams, and identity theft.

A cartoon illustration depicts a student managing finances and contemplating student loan repayment. In the foreground, a young man in a blue shirt and dark pants sits on a stack of large gold coins, holding a laptop. Behind him, a giant calendar with various notifications and highlighted dates suggests the passage of time and scheduled events, directly relating to the article's discussion of the student loan payment pause and its extensions. A black ladder leans against the calendar, symbolizing the steps or challenges involved in financial planning or debt repayment. To the right, a graduation cap with a golden tassel hangs from the top right corner of the calendar, and a bright pink price tag with a white dollar sign is attached, underscoring the financial burden of education and student loans. Several green potted plants are arranged around the scene, adding a touch of everyday life to the financial theme. The image visually represents the ongoing deferral of federal student loan payments and interest waivers by the Biden Administration, as detailed in the article.
December 22, 2021

Can The President Extend The Student Loan Payment Pause Forever?

With the Biden Administration announcing a fifth extension to the student loan payment pause, the question arises – can it last forever?

An isometric illustration on a vibrant blue background depicts various financial elements, symbolizing the complexities and aspirations of the Next Gen FSA for federal student loans. On the right, a classic silver scale balances two small piles of gold coins, hinting at the weighing of financial options and the pursuit of fair servicing. To the left of the scale, a large stack of gold bars sits alongside several tall, cylindrical stacks of gold coins with dollar signs, representing accumulated wealth and the financial burden or repayment of student loans. A blue credit card is partially visible underneath these assets. Scattered around the scene are white percentage signs, emphasizing interest rates and financial calculations. The bottom left corner features "THE COLLEGE INVESTOR" logo in white, directly linking the image to the article's focus on student loan management and investment strategies.
November 24, 2021

Next Gen FSA: The Future Of Student Loan Servicing

Next Gen FSA is a new centralized student loan servicing system that aims to improve the borrower experience. Learn how it will work.

This image features a vibrant green background, transitioning from a brighter lime green at the top to a darker olive green at the bottom. Scattered across the background are numerous yellow and orange coins, depicted as if they are falling or floating, some appearing as full circles and others as ovals to suggest movement and perspective. Interspersed among the coins are various stylized starburst shapes in light yellow and white, adding a celebratory or impactful visual element. In the bottom left corner, the words "THE COLLEGE INVESTOR" are prominently displayed in white, indicating the source of the content. This visual metaphor directly relates to the article's discussion of Public Service Loan Forgiveness (PSLF) reforms by the Biden Administration, symbolizing the potential for financial relief and the "loan forgiveness options" that could benefit public service workers, allowing them to discharge student loans and receive credit toward PSLF.
October 6, 2021

What PSLF Reforms Can Be Made Through Executive Action?

The Biden Administration reportedly wants to overhaul PSLF. Learn which PSLF reforms can be made through executive action and which can’t.

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Expertise

  • Financial Aid
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  • FAFSA

Education

  • Massachusetts Institute of Technology, Bachelor of Science in Mathematics and Philosophy
  • Carnegie Mellon University, Master of Science in Computer Science

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