The Education Department has created a new website to help students and recent graduates understand and manage their debt. The goal of the site is to provide information about student loans in a way that is easy to process and simple to access. As college costs rise, students are taking out loans more and more to fill the gaps in cost uncovered by scholarships and their savings, Many students don’t have a plan to pay back the loans or know that there may be help for them in doing so.
The new site aims to provide this information in a straightforward way through a combination of interactive tools, infographics, videos and posts. The site is also optimized for mobile browsing, so the tech savvy can learn about their loans on their smartphones and tablets.
In an effort to keep the site fresh and user-friendly, the Education Department will be asking for comments via social media. They’ll also be hosting a conversation on Twitter tomorrow at 3pm PT interviewing @FAFSA to highlight some of the helpful new features that are available. You can follow along using hashtag #AskFAFSA.