FUTURE Act: What Students, Borrowers Should Know
January 27, 2020 – In a US News & World Report article written by Emma Kerr, Shannon Vasconcelos, director of college finance at Bright Horizons College Coach, is quoted on how the FUTURE Act will impact college students and student loan borrowers.
"Certain populations (couples married filing separately, married but filing as head of household, and non-tax-filers) were previously unable to use the manual IRS Data Retrieval Tool," Shannon Vasconcelos, director of college finance at Bright Horizons College Coach, wrote in an email. "Under the FUTURE Act, their tax data (or lack thereof) will be automatically shared by the IRS."
Read the full story here.