Every year, interest rates on new federal student loans are reset by Congress for the upcoming academic year. For the first time in three years, interest rates will decrease in 2019-2020 for borrowers. Continue reading
As the parent of a child with special needs, you face many of the same challenges that any parent faces. But you’ll have to cope with some unique financial, medical, educational, and legal issues as well. Continue reading
You want to retire comfortably when the time comes. You also want to help your child go to college. So how do you juggle the two? Continue reading
It’s hard to talk about college without mentioning financial aid. Yet this pairing isn’t a marriage of love, but one of necessity. In many cases, financial aid may be the deciding factor in whether your child attends the college of his or her choice. Continue reading
Your child just turned 18. Whether they are heading out of state for college or staying close to home to pursue other adventures, they need to sign several legal documents to protect themselves as an adult. Continue reading
There is nothing like the love grandparents have for their grandchildren. Grandparents love their grandchildren to the fullest, no matter what.
Because of this special relationship, Grandparents often think short term when gifting money to their grandchildren. Instead Grandparents need to plan ahead and be intentional as they strategize on helping their grandchildren financially throughout their whole life. Continue reading
If you’ve finished college within the last few years, chances are you’re paying off your student loans. What happens with your student loans now that they’ve entered repayment status will have a significant impact–positive or negative–on your credit history and credit score. Continue reading
College is an exciting time, but it’s also an expensive undertaking. According to collegescholarships.org the average accumulated student loan debt is between $26,000 and $100,000.
It’s important that parents prepare their college freshmen for their money choices, just like they would prepare them for other life decisions. Before they head off to school, make sure your college student knows these tips that will allow them to enjoy the college experience at the lowest possible cost. Continue reading
There’s no denying the benefits of a college education: the ability to compete in today’s job market, increased earning power, and expanded horizons. But these advantages come at a price. And yet, year after year, thousands of students graduate from college. So, how do they do it? Continue reading