Nov 30, 2020 | Article, Preparing, Research & Advocacy
College students’ finances are of “extreme” or “great concern” to nearly half of the 1,727 respondents to the Second Annual National Survey on the Current College Parent Experience, which was conducted online from February 23 through...
Nov 20, 2020 | Article, Preparing
Until recently, it would have been heresy, and just plain bad practical advice, to tell a high school junior or senior with college aspirations not to take the SAT, especially if he or she lived on either coast of the United States. This ritual college admissions...
Nov 18, 2020 | Article, Completing, Preparing
Teens who identify at least one influential, “natural” mentor in their life – a person not assigned by a formal mentoring program – report that they have a higher sense of self and are more likely to take risks that affect their lives...
Nov 16, 2020 | Article, Preparing
Other Savings Options While 529 plans may be the hottest and most flexible way to save for college, there are other, non-traditional methods which make sense in certain cases. Recent laws make saving for college via Roth IRAs a lot more favorable than in the past. All...
Nov 13, 2020 | Article, Preparing, Transitioning
The times they are a changin may be a song from the baby-boom era, but it is also a phrase that aptly describes how colleges are beginning to treat parents. Until the beginning of the 1990s, it was rare for any college or university to think of parents as anything...
Nov 9, 2020 | Article, Preparing
The provision of need-based financial aid, at a need-blind school, may be frustrating sometimes in its outcome, but at least it is fairly easy to understand for parents and straightforward to administer for the college or university. Consider this need-blind school...
Nov 3, 2020 | Article, Preparing
If your teenager is fast approaching the time when he or she will head off to college, and you are lying awake at night with dozens, if not hundreds, of questions, you can take solace in that you are not alone. The harsh reality for you, and millions of people like...
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 7, 2020 | Article, Campus Safety, College Preparation, College Tips, Completing, Preparing, Research & Advocacy, Resources
While your child may be eager to visit colleges to check out the dorms, the study and athletic facilities, the food and the social atmosphere, what shouldn’t be overlooked is the level of security provided on campus. Most high school students would not rate this...
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...
