We hear it all the time. Current graduates will be held back by the student loans they acquired due to the rising price of college. It makes other post-high school options seem rather appealing. However, it’s important ...(more)
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)
Over the past decade, 529 college savings plans have been the dominant vehicle for those trying to save and invest for college. The combination of tax-free growth, high contribution limits, generally reasonable ...(more)
I sent my youngest back to college yesterday and it is tax season so there really only one thing on my mind: What to do with unused 529 Plan Funds (o.k. it isn't the only thing on my mind).
A lot of Senior Military ...(more)
A college education might be one of the most important investments you'll ever make. But the benefits of increased earning power and expanded horizons come at a price--college is expensive. Factor in more than one ...(more)
Most people create a portfolio by investing now for spending later. If a portfolio is for retirement, it is usually a good idea to put the money into a qualified plan. A qualified plan is one that meets certain ...(more)
529 plans are the most popular way to save for college. There are two other accounts types that can also be set up to save for higher education. Links to the two prior articles on Saving for Collage are ...(more)
According to the U.S. Census Bureau, 18 percent of African-Americans 35 years old and older had a bachelor’s degree or higher in 2010. Some 1.5 million African-Americans 25 years old and older had advanced degrees in ...(more)
The most popular way parents can save for their children’s education are using 529 plans. Each state offers their own 529 plan. The plans are run by investment firms or educational institutions and have subtle ...(more)
Over the past two weeks, my Facebook news feed has been filled with photos of friend’s children eagerly headed off to their first day of school. After paying for all of the back to school items the last thing on many ...(more)
Add more books to your summer reading list. For the college student in your life, maybe your son, daughter, niece or nephew, here are a few educational and entertaining reads to keep their minds working during the last ...(more)
The following article speaks about college savings, but the financial principles illustrated can be used for many financial goals. If you have not read my article about the increasing dividend ...(more)
With the pace of higher-education costs consistently on the rise faster than the general Consumer Price Index (CPI), understanding the alternatives and opportunities you and your child or grandchild may have regarding ...(more)
I received a letter the other day addressed to the parents of my college age son. As I qualify as the addressee, I opened the letter.
The letter was very nice and it offered me the opportunity to purchase up to a ...(more)
With graduation season upon us, there has been a barrage of stories in the media about the ever-escalating amounts of student loan debt. Those stories are almost always accompanied by news of the college majors that pay ...(more)
Food for thought regarding ways to reduce the cost of college.
It's that terrifying time for seniors -- high school seniors, that is: the nail-biting moment when millions of them find out whether they've been ...(more)
Many people buy US Savings Bonds to use for paying for college expenses for their children. This is because, within certain limits, interest paid on the bonds is tax free if used for qualified education expenses. So, ...(more)
With the cost of college increasingly moving beyond the reach of many American families, parents often find themselves sacrificing their own financial futures to help their kids pay for the cost of college. This is a ...(more)
“I learned law so well, the day I graduated I sued the college, won the case, and got my tuition back.”–Fred Allen
If you’ve decided that a 529 savings plan is the best way to fund your little bundle of joy’s exposure ...(more)
“I believe that we parents must encourage our children to become educated, so they can get into a good college that we cannot afford.”— Dave Barry
As soon as the nurse hands you your bundle of joy for the first time, ...(more)
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