(Written 10/1/14) Now that the school year has started again, I’ve been thinking a lot about how my wife Sally and I can help our son, Clay, to be as successful as possible in the college application process. After all, he just started the all-important sophomore year in high school, and with our daughter Abby […]
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I Just Dropped My Daughter Off at College: From The Emotional To The Financial
It seems like I blinked, and our oldest child, Abby, went from a newborn to college. I still can’t believe this major family milestone has come and gone, and let me tell you, it’s been a whirlwind of emotions. As we got Abby settled in on move-in day, I couldn’t help but notice that there […]
What You Need to Know About The Federal Student Loan Repayment Programs
Student loan debt burdens are becoming a major policy concern. The Federal Reserve Bank of New York estimates that student loan debt reached $1.08 trillion in 2013, and you can find plenty of news stories about crushing debt burdens for recent college grads. There has been a recent expansion to the federal government’s Pay As You […]
Should a Financial Advisor be Handling Your College 529 Plan?
529 plans are an amazing way to help your child (or another young person in your life) save for college. These plans offer tax-free growth if you use the account for higher education expenses, meaning that any withdrawals you make are completely tax-free. Tax-free growth is superior to the tax-deferred growth you get in your […]
College: OMG! Good Thing I’ve Done all the Research for You
If you had told me when I was 25 that I would one day spend the better part of a week considering the pros and cons of a 15-student SAT course versus a one-on-one, I would have told you that you’re crazy. But now that my daughter Abby is getting ready to apply for college, […]
8 Tips for Reducing the Financial Burden of College (not just Savings & debt)
Many parents and graduating seniors are making college decisions at this time of year, and a key part of the discussion often involves finances. Whether you’re thinking about payment and cost-savings strategies for your new college freshman or pondering the different savings options for a younger child, this article will give you some unique strategies […]