Your Annual FAFSA Reminder This school year, there will between $2 billion and $3 billion left on the table by students that would qualify for it if they just fill out one form. What is this magical form that could open the doors to the majority of this money? The FAFSA! Data shows that 36%…
Read More
Figure Out How NOT to Pay for College As of 2019, funding college is one of the most difficult financial hurdles for any American family. A college degree has become increasingly expected for quality employment. Combine this with the fact that college costs on average increase at twice the rate of inflation, and you see…
Read More
Why Using the Correct Type of Life Insurance for College Funding is Critical Have you ever heard the phrase, “grandparents have it easy! They get all the fun, then hand the kid back for all the hard work”? If your family is anything like mine, that’s been said more than once during a car exchange…
Read More
This post was originally published on May 3, 2019. It was updated on October 9, 2019. Do Washington D.C. Residents Get In-State College Tuition in All States? This is the most common question I hear when I give my college workshop, Little Known Secrets of Paying for College. The short answer is…. No! But there…
Read More
What is a 529 plan? A 529 is a tax-advantaged college savings plan that can now be used for K-12 tuition as well. You make after-tax contributions and your earnings will not be taxed at withdrawal as long as you use the funds to pay for qualified education expenses. These plans also have no income…
Read More
College costs, and by extension, student debt, have gotten out of hand. There are numerous ideas and opinions on how to best address the student loan crisis, ranging from federal debt forgiveness to universities shouldering part of the burden. Most of these strategies overlook the root of the issue. The solution that strikes me as…
Read More
This post was originally published on March 28, 2019. It was updated on September 6, 2019. Putting the College Admissions Scandal in Perspective The recent college admissions scandal should give us all pause for thought. Most of us don’t appreciate those who cut in line or use wealth and power to influence what is perceived…
Read More
The Texas Tuition Promise Plan Explained Saving for your child’s college education is one of the most daunting financial hurdles you will face. College costs continue to outpace general rates of inflation and they show no signs of slowing down any time soon. As a direct response to this, a handful of states have created…
Read More
Test-Optional Admissions Defined If your student is not a skilled test-taker, we have great news for you. Now, more than ever, colleges are ending requirements that applicants must submit SAT or ACT scores. This new trend in college admissions is known as “test-optional.” A test-optional college lets students decide whether they want to submit their…
Read More