Category - College

1
How To Save (and Pay) for College
2
Financial Planning and Your Child’s College Education
3
Making Wise Decisions About Educational Funding And Student Loan Debt
4
How To Fund Your Way To College
5
Should I Buy Life Insurance To Pay Off Student Loans At My Death?

How To Save (and Pay) for College

Saving for college is a priority among many parents. Often we are asked about the right savings vehicle for college education. There are a few that parents can choose from between Coverdell ESAs, prepaid tuition and 529 college savings savings plans.

We’ll discuss the 529 plan here. The 529 plan is essentially a college savings vehicle very similar to an IRA or an employer-sponsored plan. Depending on the state you live in your state may have a 529 plan that will have access to stock and bond mutual funds and or a pre-determined mix that will invest the money and …

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Financial Planning and Your Child’s College Education

When you visit a Fee-Only financial planner, one of your concerns may be finding a way to afford your child’s college tuition. In a previous post, we asked,  ”Should Parents Put Retirement Planning Before a Child’s College Education?” because we know sometimes it is hard to strike a balance between your future and your child’s future.

While we are not endorsing the position taken in “Why parents shouldn’t pay for college,” we are going to discuss some of the ideas presented.

Author Liz Weston spoke with Professor Laura Hamilton, co-author of the book Paying for the

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Making Wise Decisions About Educational Funding And Student Loan Debt

As a financial advisor that focuses on serving a Generation X clientele (including many people with graduate degrees!), one of the hot button issues that I run into is: “How do I save for my children’s education in light of spiraling education costs?” While I believe there are some cataclysmic changes coming to higher education in the coming years, here are some tips to keep in mind as you put money away and guide your children in their educational decision making:

Instead of trying to keep student loan debt to a certain percentage of their expected salary, I believe students

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How To Fund Your Way To College

With the cost of college rising quicker than the inflation in this country, figuring out how to save for college can be quite a task. However, college is the best investment that can be made—individuals with college degrees make twice as much, on average, than those with just high school diplomas. So, the perilous road towards saving for college must be taken. Check out the following ideas to make saving for college a little bit simpler for you:

Where to Save

Some people prefer saving their money in bank accounts as opposed to stocks. With bank accounts, though there are …

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Should I Buy Life Insurance To Pay Off Student Loans At My Death?

Student loan debt has topped $1 trillion, and is rapidly climbing. According to FinAid, total student loan debt is growing by $2,853.88 per second… That’s over $10 million per hour! Unfortunately, unscrupulous crooks are using the debt as a way to scare people into making bad financial decisions… Take the following story for example…

A friend recently came to me and was furious… She is in her late 20’s, middle income, with no spouse, significant other, or children. A life insurance salesmen approached her about buying a Whole Life Insurance policy. My friend knew enough to know that she …

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