Oct 12, 2020 | Article, Paying for College, Preparing, Resources
Coverdell ESA – The Best Way to Save for K-12 Education Coverdell ESA (formerly called Education IRA) is the most attractive way to save for K-12 expenses, including UGMA/UTMAs and mutual funds. However, there are income requirements that preclude some...
Oct 6, 2020 | Article, Cost of College, Financial Literacy, Paying for College, Research & Advocacy
Who wants more tax breaks? Everybody. Who deserves a greater tax break on the cost of college tuition? All current and future college parents and that means you, the members of College Parents of America. One of our greatest priorities in the coming months will be to...
Oct 5, 2020 | Article, Financial Literacy, Paying for College, Preparing
Overview Prior to 529 plans, UGMA/UTMA was the most tax efficient manner to save for college and transfer wealth to children and grandchildren. UGMA stands for The Uniform Gifts to Minors Act, and UTMA stands for The Uniform Transfers to Minors Act. UGMA and UTMA are...
Sep 28, 2020 | Article, College Preparation, Completing, Cost of College, Financial Literacy, Living Independently, Paying for College, Preparing, Resources, student loans
Dear Parents: When your students 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 – while simultaneously...
Sep 14, 2020 | Article, Completing, Cost of College, Financial Literacy, Paying for College, Research & Advocacy
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. In...
Aug 24, 2019 | Article, Cost of College, Paying for College, student loans
Parents are a vital source of financial support for their college students. For a varieity of reasons many families have “GAP” to pay for the balance of education and schools often promote to parents the oppportunity to fund the cost of college through a...
Aug 17, 2019 | Article, Completing, Cost of College, Insurance, Paying for College, Student Health, Student Success, Transitioning
There are dozens of questions that college parents and families have during the move on-to-campus and transition to college life. Among the most important questions that college families are smart to ask is – What will happen if your student has to withdraw from...
Aug 6, 2019 | Article, Cost of College, Financial Literacy, Paying for College, student loans
According to a recent article by Policy Genius, “The cost of college has skyrocketed over the last decade, resulting in $1.4 trillion of outstanding student loan debt. But college grads aren’t the only ones on the hook for their balances. Per student debt...
Jul 20, 2019 | Article, Cost of College, Paying for College, Resources, student loans
You were ecstatic when she was awarded that merit scholarship. Even better when she still got a need-based grant. She accepted the admission offer, and then life was a swirl of senior year ceremonies, graduation, parties, and maximizing her last summer before going...
May 17, 2019 | Article, College Tips, Cost of College, Financial Literacy, Living Independently, Paying for College, student loans
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...
