#CollegeChat Transcript: Debt Ceiling Fall out on Financial Aid

Debt Ceiling Fallout for Students 2011/2012 Financial Aid on #CollegeChat August 2

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With the debt ceiling deadline only days away, millions of college students plans for paying for college are in limbo. On August 2, 2011 at 9 p.m. EDT,  Mark Kantrowitz, a nationally recognized bestselling financial aid expert and author, and Sharon McLaughlin, a college planning consultant and former college administrator, will discuss with Twitter attendees the potential impact the debt ceiling crisis will have on financial aid for 2011/2012 during #CollegeChat .

During #CollegeChat, Kantrowitz and McLaughlin will discuss what forms of financial aid are at risk including Pell Grants, Stafford Loans, Perkins Loans and PLUS Loans for Parents. In addition, they will also discuss what impact the debt ceiling crisis may have on colleges themselves including layoffs and shutdowns.

In addition, the panel will  discuss what options are available for students to fund their education in the event their federally based financial aid is impacted.

Kantrowitz is the publisher of FinAid.org and author of the new e-book “Secrets to Winning a Scholarship”. He is also the founder of FastWeb.com, the largest and most popular free scholarship matching service. McLaughlin is a college planning consultant and financial aid expert and founder of McLaughlin Education Consulting (http://www.headforcollege.com). She is also a former college administrator with more than twenty years of experience in student enrollment services. Sharon draws her expertise from her work at private and public colleges in New England, both as a college admissions and financial aid administrator.

About #CollegeChat
#CollegeChat is a live bi-monthly conversation intended for teens, college students, parents, and higher education experts on Twitter. #CollegeChat takes place on the first and third Tuesday of the month at 6 p.m. PDT/ 9 p.m. EDT. Questions for each #CollegeChat edition can be sent to Theresa Smith, the moderator of #CollegeChat via http://Twitter.com/collegechat , by entering questions online on the CollegeChat Facebook page at http://ht.ly/1XIqV , or by email. More detailed information about signing up for Twitter and participating in #Collegechat can be found at http://pathwaypr.com/how-to-participate-in-a-twitter-chat .CollegeChat can also be found on Twitter at http://Twitter.com/collegechat .