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U.S. Government Shutdown Threat and Student Aid Changes Dominate Financial Headlines
U.S. Government Shutdown Threat and Student Aid Changes Dominate Financial Headlines
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BTCCSquare news:
A potential U.S. government shutdown looms as Congress remains deadlocked on funding legislation. Failure to reach an agreement by October 1 WOULD disrupt federal operations, including IRS processing and education services. Market participants should monitor for volatility in risk assets during this period of political uncertainty.
Separately, the 2026-2027 FAFSA application window has opened early, with revised eligibility criteria that may reduce aid for some households. Financial advisors recommend immediate submission to maximize potential benefits, particularly for families with college-bound students.
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