College/Education Planning
Starting early is an important step you can take to ease the burden of meeting college costs. However, even if your child is approaching high school graduation, there are still some steps you can take to prepare for financing this important asset.
“College Costs Data for 2019-2020 School Year”
Highlights from the annual costs report by the College Board
“Interest Rates on Federal Student Loan Decrease for 2019-2020”
“How to Get the Most Out of College” 20180817 NYT
This article discusses the intangible benefits of collage that are often not mentioned in other article.
2018 – 2019 Interest Rates Rise on Federal Student Loans
529 Plan changes under the 2017 tax law
Federal Student Loan Rates increase July 1, 2017
“Think twice before you co-sign on a student loan“20160728 CNBC
“Here’s how to pay for college this fall” 20160602 CNBC
Good information
“Sallie Mae Now Offers Education Loans to Parents, Too” 20160429 NYT
This may apply to parents with a high probability of meeting their other financial goals, especialiy for retirement.
“These Jobs Offer the Highest Pay for Your Degree (Or Lack of One)” 20151224 WSJ
The occupations in this article may provide ideas of future careers if you do not have an interest and/or passion for your future occupation.
College Costs for 2015_2016 and New FAFSA Timeline for 2017_2018
“Why It Makes Good Sense to Save for College Now” 20151023 NYT
This article identifies some incorrect perceptions related to financing college.
“A Chance to Boost Financial Aid for Today’s High-School Sophomores” 20151023 WSJ
Tax strategies for financial aid need to be reviewed because of changes in the rules in completing the Free Application for Federal Student. New rules will apply for aid for the 2017-2018 school year. The “prior year” income will be used rather than prior year income.
“How to Approach Student Loans, as First Payments Come Due” 20151016 NYT
This article has some useful links.
Interest Rates Decrease Slightly on Student Loans
Applies to loans issued July 1, 2015 through June 30, 2016
“College Majors Figure Bog in Earnings” 20150507 WSJ
Higher potential compensation should not be the only factor considered when deciding on a major. ed
“Boost Your Chances for College Aid” 20141212 WSJ
This article discusses many of the current issues relating to financial aid.
“Colleges’ Wider Search for Applicants Crowds Out Local Students” 20141008 WSJ
Unintended consequences from states reducing funding for their universities.
“Online Application Woes Make Students Anxious and Put Colleges Behind Schedule”20131013NYT