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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

This illustrative image visually represents the challenges students face when trying to afford college and the role of financial aid. A large, stylized hand labeled "FINANCIAL AID" extends from above, holding a paper boat in which a small figure is cheering, symbolizing assistance being offered to students. Below, several other small figures are depicted in various states of distress, some in sinking paper boats, others struggling in the water, surrounded by euro coin symbols, suggesting the financial burden of tuition. The overall scene conveys the desperate need for support when facing the high costs of higher education. This image directly relates to the article's focus on options for paying for school when financial aid is insufficient, highlighting the sticky situations students can find themselves in without enough assistance.
December 29, 2025

Options If You Can’t Afford College Due To Not Enough Financial Aid

Can’t afford college because you didn’t get enough aid? Here are ten options to help pay for school when you don’t have enough financial aid.

odds of winning a scholarship are increasing
December 25, 2025

Are Scholarships Taxable? Maybe… Here’s What To Know

Unlike other forms of generosity, scholarship funds can be taxable to recipients. Learn the rules concerning taxable scholarships.

Administration building at the University of Tennessee in Knoxville, Tennessee.
November 25, 2025

Borrower Defense Claims Expand Beyond For-Profits

New data shows 22% of loan discharge claims involve nonprofit or public colleges, not just for-profit schools. Here’s what the borrower defense data shows.

Education Secretary Linda McMahon speaks in the Oval Office of the White House before President Donald Trump signs an executive order regarding childhood cancer and the use of AI, Tuesday, Sept. 30, 2025, in Washington. (AP Photo/Alex Brandon)
November 20, 2025

Trump Admin Moves Six Education Dept Programs As Breakup Begins

The Trump Admin is shifting six Department of Education programs to other agencies, raising new questions about the structure and direction of federal education policy.

A bright red envelope, centrally positioned against a white and dark gray background, signifies a past due notice for student loans. The envelope is open, revealing a white document with a dollar sign icon and the words "PAST DUE" prominently displayed in white capital letters. To the right, a stack of four books with red covers and white pages symbolizes education, contrasting with the negative implications of the past due notice. Various abstract shapes and lines in black and red, including dashed lines, triangles, and dots, are scattered across the background, adding a modern, graphic design element. The lower left corner shows "COLLEGE INVESTOR" in black sans-serif font, clearly branding the image within the context of student loan discussions. This visual emphasizes the severe consequences of strategic default on federal student loans, reinforcing the article's warning against intentional non-payment and highlighting the financial penalties and collection actions taken by the federal government. Source: The College Investor
November 20, 2025

Strategic Default On Student Loans: It Always Backfires

When a borrower defaults on federal student loans, the only one hurt is the borrower, Here’s what you need to know about strategic default for student loans.

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.
November 15, 2025

How Accurate Are College Cost Estimates? Hint: Not Very

A new report uncovers why published college costs often fall short of reality, leaving students with financial gaps that exceed $10,000.

federal student loans for expats
October 25, 2025

Federal Student Loans For Expats: What To Know

There are a few obstacles and opportunities related to borrowing and repaying federal student loans for expats. Here’s what you need to know.

Dept of Education Lawsuit
October 20, 2025

U.S. Department of Education Settles Student Loan Forgiveness Lawsuit

Federal government settles with AFT, restarting IDR forgiveness, eliminating some IBR barriers and publishing monthly backlog reports. Learn what borrowers need to do.

Does The Government Profit Off Of Student Loans?
October 12, 2025

Does The Government Profit Off Of Student Loans?

Depending on who you ask, the government either earned a profit or lost money on federal student loans. Here’s how it works.

Office worker overlaid with declining unemployment | Source: The College Investor
September 24, 2025

Unemployment Rates By Education Level

BLS data shows unemployment rates drop with higher education, with college grads facing less job loss than non-grads.

A close-up, slightly upward-angled shot of the Internal Revenue Service (IRS) federal building's entrance in Washington D.C., USA, emphasizing its prominent stone facade and the bold, black carved letters spelling "INTERNAL REVENUE SERVICE" above the doorway. The classic, ornate architectural details, including decorative dark rosettes flanking the text and intricately carved stone trim, are clearly visible. The image conveys a sense of official authority and directly relates to the article discussing the IRS's annual inflation adjustments for retirement accounts, specifically the raised 2026 contribution limits for 401(k) and IRA plans, as detailed in Notice 2025-67.
September 15, 2025

Tax Deductions For Tuition And Student Loans

The IRS tax code includes several tax deductions for tuition and student loans. Learn what these tax benefits are and how to maximize them.

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

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