Financial Literacy

What Tuition Insurance Covers

Dear Parents:When your children leave home for college, they will face a host of new experiences and responsibilities. As a parent, you recognize that now they will be "on their own" to tackle life's basic functions - at the same time that they are adjusting to a new environment and new freedoms. To help your student in this transition, he/she should know the "financial facts of life" before opening that first checking account or making that first purchase on credit.

Last week, in this column, I wrote about the upcoming “road to reauthorization” for the Higher Education Act, certain provisions of which are already being considered in the U.S. House Education and the Workforce Committee, chaired by Rep. John Boehner of Ohio.

Data from the National Center for Education Statistics reports on the risks within and surrounding college life are very real.

Balancing fun and finances is never easy, especially in college. During these memorable years, students should balance their education and social lives.So, what exactly is the best way to ensure you’re setting yourself up for a healthy financial future during and after school? For the most success in developing great spending habits and making intelligent […]

FAFSA can equal money for college parents. However it is best if you file early and take care to answer honestly. Those are always topics we aim to discuss in a clear and transparent way for college parents.

For parents of high school seniors or college students, Thanksgiving is a good time to complete the FAFSA.  This free online government form unlocks a world of financial aid alternatives for your college student and family.

College can be one of the best times of your life, albeit stressful and difficult at times, but a valuable point in one’s personal life and growth.  College can also be one of the most expensive.  As we have written before, the average 2016 college grad left college with $37,172 in student debt.  Here are five practical financial tips for college students.

FAFSA can equal money for college parents. However it is best if you file early and take care to answer honestly. Those are always topics we aim to discuss in a clear and transparent way for college parents.

We are pleased to share the results of the 2016 biennial survey of college parents. The findings of this report are consistent with our prior the two prior research studies and confirms that “college families are an important source of support for increasing student success and college completion.” The 2016 survey of more than 510 College Parents conducted by College Parents of America through internet channels and subscribers in late June of 2016. We have a high degree of confidence that the survey is directionally correct and will be valuable to colleges and universities as well as other stakeholders interested in increasing rates of college completion.

FAFSA can equal money for college parents. However it is best if you file early and take care to answer honestly. Those are always topics we aim to discuss in a clear and transparent way for college parents.

All college parents and families will benefit from the insights from the annual Trends in Higher Education report by the College Board.  The capacity of families to contribute to an ever-growing cost of college is a pressing matter that is seen best in the context of general wage stagnation contained in this 2017 report.

A college degree is a powerful asset," said Jack Remondi, President & CEO of Navient, in a statement. "But, borrowing for college and not graduating, has lasting negative consequences.

College can be one of the best times of your life, albeit stressful and difficult at times, but a valuable point in one’s personal life and growth.  College can also be one of the most expensive.  As we have written before, the average 2016 college grad left college with $37,172 in student debt.  Here are five practical financial tips for college students.

Many times — maybe too many — high school seniors are just so happy to be accepted to their dream school that they don’t give a second thought to the financial implications of their college choice. Then reality sinks in when they start digging into the details of college award letters. At College Parents of America, […]

Money. Money for college. Those are always topics we aim to discuss in a clear and transparent way for college parents. First, financial aid isn't always as simple as qualifying according to need--when you file also matters. Also, defrauding the government with regard to financial aid is a terrible idea.

As a result, it seems prudent to consider why it is acceptable to place 100% of the burden of a student loan on a student when the school received the financial benefit and would potentially act differently if they shared the risk of student success. College Parents of America welcomes this discussion. It is timely for the United States to consider how we increase the capacity of our citizens to contribute and compete in a global economy.

Nearly twice as many state insurance commissioners recommend renters insurance to college students in 2016 as did in 2013. In fact, the latest trend builds on an earlier report by the National Association of Insurance Commissioners (NAIC) that recommended college students consider the benefits of purchasing renters insurance. NAIC recommends that “college students renting an off-campus apartment or house while away at school should consider purchasing renters insurance to protect their personal property, such as a computer, electronics, bicycle or furniture, in the event that it is damaged, destroyed or stolen.”

College students are heading back to school, many with the help of their parents who have invested thousands of dollars in laptops, smartphones, bicycles and textbooks on students’ packing lists. Consider this - how will your student and family replace these items if they were affected by theft, fire, water damage, and other risks?

We are pleased to share the results of the 2016 biennial survey of college parents. The findings of this report are consistent with our prior the two prior research studies and confirms that “college families are an important source of support for increasing student success and college completion.” The 2016 survey of more than 510 College Parents conducted by College Parents of America through internet channels and subscribers in late June of 2016. We have a high degree of confidence that the survey is directionally correct and will be valuable to colleges and universities as well as other stakeholders interested in increasing rates of college completion.