| Most American families are offsetting the
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| | Clearly, parents are not getting enough
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| high cost of college by applying for some
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| | guidance on the college funding
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| degree of financial aid by submitting
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| | process.Well-meaning guidance counselors
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| their FAFSA (Free Application For Federal
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| | invite FAO's to speak at their high
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| Student Aid) on or after January 2nd.
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| | schools, trusting them to put the best
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| Unfortunately, this is not a simple
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| | interests of the students above the
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| process as the college financial aid
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| | financial interests of their college. By
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| system is anything but user-friendly.
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| | evening's end, parents are often left
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| There are an endless number of pitfalls
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| | with a false sense of security that the
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| in the application process, and it is far
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| | college of their choice will award their
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| too easy for families to lose some or all
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| | student its best possible financial aid
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| of the aid they are eligible for.Many
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| | package. This is hardly ever the
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| families fail to even attempt application
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| | case!Much like frugal employers whose
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| because they don't know how to, or they
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| | goal is to hire the most talented
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| incorrectly assume they are not
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| | applicants for the least amount of pay,
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| qualified, or simply because they are
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| | FAO's seek the most promising students
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| intimidated by the complicated and
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| | for the least amount of financial aid.
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| confusing process and all its paperwork.
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| | Relying on an FAO to cut your college
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| With far more qualified applicants than
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| | costs is like expecting an IRS agent to
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| desks in all of America's colleges and
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| | help reduce income taxes! FAO's can be
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| universities, it is reasonable to expect
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| | helpful, but their loyalties are with
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| a system intentionally designed to
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| | their schools - not their
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| eliminate all but the most knowledgeable
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| | applicants!Accountants may offer some
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| and persistent applicants.According to a
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| | assistance, but far too few have
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| disturbing statistic from the US Dept. of
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| | experience with college funding. Although
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| Education, over 90% of all financial aid
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| | they are experts with income tax forms
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| applications are rejected for errors and
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| | and tax strategies, college financial aid
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| inconsistencies! As financial aid is
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| | forms and college funding strategies are
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| awarded on a first-come, first-served
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| | a horse of a different color. The
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| basis, the loss of time in the
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| | good-intentioned application of
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| resubmission process results in thousands
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| | accounting principles to college funding
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| of dollars of lost financial aid to
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| | can actually hinder a family's chances of
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| eligible families who braved the college
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| | getting all the financial aid they are
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| funding process blindly and alone.This
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| | entitled to!There is an endless amount of
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| being the case, what's a family to do
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| | misinformation on the subject of college
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| with one or more college-bound students
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| | funding, and a good deal of it is from
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| facing as much as $160 to $300 thousand
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| | so-called reliable sources. In fact, one
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| dollars to send their kids to a 4-year
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| | instruction on the current FAFSA, if
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| college? Many make the mistake of relying
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| | followed, will cost families thousands of
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| solely on the advice of guidance
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| | the financial aid dollars they are
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| counselors, college financial aid
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| | eligible for! (See our website for FAFSA
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| officers (FAO's), and even their
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| | ALERT!) So, "who you gonna call?"One of
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| accountants. Sadly, these families are
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| | America's best kept college secrets is
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| not getting all of the financial
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| | the existence of the college funding
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| information they need and are in for a
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| | professional! This small group of
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| rude awakening!Nationally, guidance
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| | admissions and financial aid experts
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| departments are facing their worst crunch
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| | assist parents through the college
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| ever, and are overloaded with as many as
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| | funding process and help families provide
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| 800 or more students for each counselor!
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| | their students with the best possible
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| Budget cuts have added to the problem
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| | college education for the least possible
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| causing schools to increase the
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| | cost. One would naturally assume they are
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| responsibilities of guidance counselors
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| | in great demand and buried with
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| in areas other than guidance, leaving
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| | invitations to lecture at America's high
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| them with even less time for their
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| | schools. Sadly, this is not the case!It
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| students - and there is no relief in
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| | would surprise and outrage parents to
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| sight!Despite these obstacles and to
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| | learn that, on a national scale, most
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| their credit, guidance counselors still
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| | guidance departments refuse the services
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| manage to effectively advise students in
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| | offered by college funding professionals,
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| career planning and college selection.
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| | often stating that bringing in
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| However, when it comes to college
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| | "outsiders" is against school policy,
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| funding, they come up short in providing
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| | even when such services are offered
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| the necessary financial information that
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| | absolutely free! The distressing result
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| could save families thousands of
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| | is, every year, parents enter the college
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| dollars!Counselors have little time and
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| | funding arena without the necessary
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| lack the expertise to show parents how to
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| | ammunition to do battle with the system -
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| reduce their Expected Family Contribution
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| | and severely overpay for college!For
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| (EFC), the minimum the federal government
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| | further information and guaranteed
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| determines that each family will pay for
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| | solutions to America's higher education
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| any college, based on the information
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| | crisis, please visit: financial advisor
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| submitted on the FAFSA. Additionally,
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| | & lecturer for almost 3 decades, Reecy
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| knowledge of specific legal financial aid
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| | Aresty has helped thousands of families
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| strategies and their correct application
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| | to protect their assets, increase their
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| would help families avoid or reduce an
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| | wealth and reduce their taxes. In the
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| array of assessments that could cost them
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| | 1980's, he mastered the complex world of
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| thousands of dollars for each year their
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| | college admissions and financial aid. In
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| students are in college!For example,
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| | 1986, a generous gift from the Aresty
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| parents and most guidance counselors are
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| | family to the Wharton School at the
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| unaware that students have no asset
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| | University of Pennsylvania established
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| protection allowance. Consequently,
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| | the Aresty Institute of Executive
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| students with assets in their own name
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| | Education. So began the Aresty family
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| are assessed by the federal government at
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| | legacy; a dedication to the pursuit of
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| 35% for each year they are in college!
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| | knowledge through higher education for
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| Thus, a student with $1,000 will be
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| | all. In 1993, Reecy founded College
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| assessed $350 for each year the $1,000
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| | Assistance, Inc. Continuing the family
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| remains in their name. After 4 years,
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| | tradition, he helps parents send their
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| they will have lost $1,400 in financial
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| | kids to the best schools for less than
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| aid for having only $1,000 worth of
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| | they ever dreamed possible! He has
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| assets! This is tragic as it can be
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| | recently authored the groundbreaking new
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| legally avoided - if you know
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| | book, "Getting Into College And Paying
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| how.Periodically, guidance departments
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| | For It." The first book of its kind also
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| present "in-house" Financial Aid Nights
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| | available in Spanish, it is filled with
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| which focus on filling out financial aid
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| | trade secrets, insider information and
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| forms and understanding the basics of the
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| | legal money saving strategies guaranteed
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| process. Nevertheless, year after year, 9
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| | to cut the rising costs of college! Reecy
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| out of every 10 families applying for
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| | has become a major factor in obtaining
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| financial aid continue to be rejected for
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| | affordable, quality educations for
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| filling out their forms incorrectly.
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| | America's students.
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