<p>An “ideal” FAFSA formula would decrease the EFCs of the “right” people and raise other people’s EFCs. The local variance in cost of living issue is a real one.</p>
<p>I’m not proposing that the government or schools necessarily give out MORE free money. And I know they already try to be as fair as possible in decided who to give it to. But any formula will get that wrong some of the time.</p>