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Top private colleges and universities can cost over $200,000 over 4 years, and these costs are only going up over time. How much money should you save?
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3 Things You Should Know About Virginia's PrePAID Tuition College Savings Plan

by Stephen J. Korving, CFP® Level 11
Virginia offers a prepaid tuition program to residents looking to save for future college educational costs, called Virginia529 prePAID.  The plan allows you to prepay future tuition and mandatory fees for Virginia ...(more)
Comment   |  Sep 16, 2015 from Suffolk, VA
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8 Things Every Parent Should Know About 529 College Savings Plans

by Stephen J. Korving, CFP® Level 11
We often are asked by parents (or grandparents) of young children about college savings plans.  529 college savings plans offer tax-advantaged ways to save for the various costs of higher education.  While these ...(more)
Comment   |  Sep 16, 2015 from Suffolk, VA
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The Private College 529 Plan: Is It Right for You?

by Brett Tushingham, CFP® Level 18
The cost of attending some private colleges and universities now exceeds $65,000. Outside of funding your retirement and buying a house, a college education will most likely be the biggest financial investment you’ll ...(more)
Comment   |  Sep 14, 2015
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The Value of a College Financial Planner ... for Saving Your Retirement

by Steve Stanganelli CFP®, CRPC® Level 20
College is expensive: tuition, fees, books … and now add a college financial planner into the mix.  What is the value of a college financial planner for families trying to figure out how to pay for college?  A lot. For ...(more)
Comment   |  Aug 11, 2015 from Amesbury, MA
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5 Sure-Fire Ways to Lower College Costs

by Steve Stanganelli CFP®, CRPC® Level 20
How you pay for college for your kids will impact your own retirement. Think about this:  College tuitions, books, fees and housing continue to increase at a rate faster than inflation in general.  Based on current ...(more)
Comment   |  Aug 11, 2015 from Amesbury, MA
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The Prepaid 529 Plan and What it Means for Your College Planning Strategy

by Brett Tushingham, CFP® Level 18
Paying for college is getting more and more expensive with total costs as high as $260,000 per child.  With two children myself, one year apart, I am well aware of the current and future costs.  As part of any financial ...(more)
Comment   |  Aug 04, 2015
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How the FAFSA can Help Pay for College

by Brett Tushingham, CFP® Level 18
What is it - The FAFSA is a form that will determine your eligibility for federal financial aid (undergraduate and graduate) and is required by any institution that awards federal aid.  Before I continue, a number of ...(more)
Comment   |  Aug 04, 2015
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Four Steps to Help Pay for College and Protect Your Retirement

by Brett Tushingham, CFP® Level 18
College is expensive and the price keeps going up. The national average cost of attending a four-year public college is over $24,000 per year and private is closer to $50,000.  Is funding a college education one of your ...(more)
Comment   |  Aug 04, 2015
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3 Tax Strategies to Help Pay for College

by Brett Tushingham, CFP® Level 18
The most common college planning questions we receive generally revolve around optimizing financial aid.  Although this is a worthwhile area to explore we like to take a broader perspective when helping families pay for ...(more)
Comment   |  Aug 04, 2015
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4 Misconceptions Regarding College Financial Aid

by Brett Tushingham, CFP® Level 18
Navigating the college planning process can be overwhelming for most families.  While the guidance they receive from friends, professionals and online can have the best intentions it usually falls short due to a lack of ...(more)
Comment   |  Aug 03, 2015
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STUDENT LOANS – The Good, Bad and Ugly

by Rashida Lilani, CFP®, CMFC Level 15
By Rashida Lilani CFP® CMFC   The College Board recently released the average cost of attending college for the 2014/2015 academic year.  The average annual cost, which includes tuition and fees, room and ...(more)
Comment   |  Jul 07, 2015
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Paying for College: 529 Plans versus Other Tax Incentives

by Kristin McFarland Level 19
529 plans are one of the most popular ways to save up for college expenses. When your children finally get to college, it might seem like a good idea to pay for everything out of your 529 savings. However, this approach ...(more)
Comment   |  Mar 02, 2015 from Boston, MA
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Sticker Shock: Creative Ways to Lower the Cost of College

by Robert L. Riedl, CPA, CFP®, AWMA® Level 19
Even with all of your savvy college shopping and research about financial aid, college costs may still be prohibitive. At these prices, you expect you'll need to make substantial financial sacrifices to send your ...(more)
Comment   |  Feb 28, 2015 from Milwaukee, WI
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Teaching Your College-Age Child about Money

by Robert L. Riedl, CPA, CFP®, AWMA® Level 19
When your child first started school, you doled out the change for milk and a snack on a daily basis. But now that your kindergartner has grown up, it's time for you to make sure that your child has enough financial ...(more)
Comment   |  Feb 28, 2015 from Milwaukee, WI
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Financially Cramming for College: Tips for College Students

by Martin A. Smith, CRPC®, AIFA® Level 19
Millions of parents are getting ready to send their babies off to college. But before they fly the coop, there is one more important thing to teach them- money management!  Unfortunately, money management is not ...(more)
Comment   |  Dec 31, 2014 from Bethesda, MD
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5 Ways To Cut College Costs and Beat The Interest Rate Increase

by Martin A. Smith, CRPC®, AIFA® Level 19
With the recently announced increase in student loans, here are 5 ways for undergraduate students to cut their college costs and potentially beat the interest rate increase! Cut College Costs Attend In-State Schools: ...(more)
Comment   |  Dec 31, 2014 from Bethesda, MD
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Coping with college loans; paying them down–managing their financial impact

by Tim Hayes, AIF®, CRPS®, AWMA®, CFS® Level 20
Are student loans holding our economy back? Certainly America has recovered from the last recession, but this is an interesting question nonetheless. In a November 2013 address before the Federal Reserve Bank of St. ...(more)
Comment   |  Jan 30, 2015 from Boston, MA
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Kids are a Horrible Investment....But They're Great

by Roger P. Whitney, CFP®, CIMA®, CPWA®,... Level 17
The USA Today recently reported that the total cost of raising a child born in 2013 is $245,340 (not including college!!!).  Financial speaking, kids are a HORRIBLE investment. As a seasoned Financial Advisor, I say, ...(more)
1 Comment   |  Nov 06, 2014 from Fort Worth, TX
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College Education Or Entrepreneurship?

by Theodore Michael Jenkin Level 19
Generation X parents continue to face the challenging uphill climb of saving for their children’s college education.   For a Generation X couple that has their first child here in 2012, the cost for a private college at ...(more)
Comment   |  Sep 13, 2014 from Alpharetta, GA
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Is College Worth It ?

by Leonard R. Simpson RFC® AIF® Level 11
  Is College Worth It? Understanding the Costs & Benefits of College Introduction The decision about whether or not to attend college is a serious one with lifelong implications. Changes in the U.S. economy, a ...(more)
Comment   |  Aug 27, 2014 from Folsom, CA
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