College Costs

/Tag: College Costs

Financial Aid Planning – Expected Family Contribution (EFC)

By |2017-05-09T22:13:42+00:00September 10th, 2015|Categories: Personal Planning, Uncategorized|Tags: , , , , |

As you choose a plan to help save for your child’s education, you may also want to find out how financial aid can help you pay for higher education costs. The prospect of paying for college may seem intimidating, but with proper planning, it doesn’t have to be. How much of your child’s tuition are you [...]

College Planning – 7 Steps to Keep Your Money & Your Sanity

By |2017-05-09T22:13:30+00:00May 21st, 2015|Categories: Personal Planning, Uncategorized|Tags: , , , , , , , , , |

One of the most financially savvy gifts a parent or guardian can give their child is to send them to college. Even with student debt, the difference in a college graduate’s lifetime earnings vs that of someone with only a high school diploma is substantial. This wage difference spread over 40+ years in the work force [...]

College Board Releases New College Cost Figures

By |2014-12-04T22:24:44+00:00December 4th, 2014|Categories: Personal Planning, Uncategorized|Tags: , , |

Background Every year, the College Board releases its Trends in College Pricing and Trends in Student Aid reports that highlight current college costs and trends in financial aid. While costs can vary significantly depending on the region and college, the College Board publishes average cost figures, which are based on its survey of nearly 4,000 colleges [...]

Small Amounts Can Add Up to Big College Savings

By |2017-04-18T20:53:57+00:00October 18th, 2013|Categories: Press Room|Tags: , , , , , , , , , , |

reposted from U.S. News & World Reportby: Reyna Gobel   Parents who stuff their children's college funds with more than they can afford each month are setting themselves up for failure.    "Parents start off saving $500 per month, but then the car breaks down or they need new tires," says Mackey McNeill, a certified public accountant and [...]

Evaluate Investment Costs In College Savings Plans

By |2017-04-18T20:53:58+00:00September 11th, 2013|Categories: Press Room|Tags: , , , , , , , , , , |

reposted from US News & World Reportby: Reyna Gobel College savings accounts come with a price. When parents compare prices on 529 plans, tax-advantaged college investment accounts, they're looking at what are known as average costs. The average cost represents what the average investor pays, but there a lot of choices within 529 plans that can cause [...]

New Federal Student Loan Rates… Again

By |2013-08-21T16:37:58+00:00August 21st, 2013|Categories: Personal Planning, Uncategorized|Tags: , , , , , , |

On August 9, President Obama signed the Bipartisan Student Loan Certainty Act of 2013, which changes the formula for determining federal student loan interest rates. The law comes after months of partisan bickering, which culminated with the rate on subsidized Stafford Loans doubling to 6.8% on July 1. The new legislation replaces a prior system where [...]

Interest Rate Increases on Some Federal Student Loans

By |2017-05-09T22:12:31+00:00July 11th, 2013|Categories: Personal Planning, Uncategorized|Tags: , , , , , , , , , , , |

On July 1, the interest rate on new federal subsidized Stafford Loans for undergraduate students doubled--from 3.4% to 6.8%. This increase brings the interest rate on subsidized Stafford Loans in line with the rate on unsubsidized Stafford Loans, which was already at 6.8%. The rate change is only for new subsidized Stafford Loans taken out after [...]

What to do when Saving for You & Saving for your Child's College Education

By |2013-02-28T16:51:34+00:00February 28th, 2013|Categories: Personal Planning, Uncategorized|Tags: , , , , , , , , , , , |

Let’s take a few minutes today to discuss one of the greatest budgeting tasks facing families across the world today.  Often college and retirement occur all to close to one another for many people.  Over the last fifty years more college educated people have entered the workforce than ever before, making higher education an even bigger [...]

Increases in College Costs for 2012/2013 Continue to Outpace Inflation

By |2012-11-07T18:45:22+00:00November 7th, 2012|Categories: Personal Planning, Uncategorized|Tags: , , , , , , , , , , |

Every October, the College Board releases its Trends in College Pricing report that highlights college cost increases for the current academic year along with trends in the world of higher education. While costs can vary significantly depending on the region and individual college, the College Board publishes average cost figures, which are based on its survey [...]