Archive | College RSS feed for this section
electricl engineering

Best College Majors For Your Career

In a recent blog, we highlighted the worst college majors for getting a job. Now, here’s the flip side of the coin, according to Kiplinger Personal Finance magazine’s annual survey of the best majors for entering into a lucrative career after college. Says Kiplinger, “Many Millennials grew up hearing that they should study what they love. While that’s […]

Read full story Comments { 0 }
students

Worst College Majors For Getting A Job

College students face a dilemma.  Should they major in what they love, or what can help get them launched on a good career? If they’re lucky, it’s a little of both.  If not, they could end up with what Kiplinger magazine calls the “ten worst values in college majors,” combining twin disappointments of low pay and high unemployment. […]

Read full story Comments { 1 }
piggy bank exploding

What’s Making Boomers Go Broke: The Surprise Expenses Costing Them A Fortune

Feeling poorer?  There’s  reason for that. Baby boomers can’t get a break.  During their critical pre-retirement years, they’ve been hit hard by the technology bust, the real estate meltdown, the financial crisis, and the deepest recession since the 1930s. And to make it worse, while their real income has barely budged over the past twenty […]

Read full story Comments { 0 }
Millennials

Are Millennials “The Screwed Generation”?

It’s controversial, thought-provoking and definitely worth a read, especially if you have “millennial,” or Generation Y, offspring between the ages of 18 and 35. Newsweek magazine shook people up with their July 2012 feature by Joel Kotkin called “Are Millennials the Screwed Generation? ‘Boomer America’ Never Had It So Good.  As A Result, Today’s Young Americans Have Never Had […]

Read full story Comments { 0 }
young adult credit

6 Steps To Help Young Adults Build Good Credit

We were recently asked by a client how their young adult child could start building a good credit record. That’s an excellent question.  Parents should realize that learning how to use credit responsibly is important for their child, and it’s good to start early to build a good credit rating (the longer your child has had credit in their name, […]

Read full story Comments { 0 }
college cost

Boomers Shifting Cost Of College To Kids

Among our clients, even the well-off are cutting back on what they are willing to shell out for college. This isn’t because parents or financial planners like us have lost faith in the power of higher education. In fact, since our doors first opened for business almost twenty years ago, we have never stopped stressing the critical […]

Read full story Comments { 0 }
Black Mortarboard and dollar

Affluent Parents “Leaving Money On The Table” When Paying For College

“Affluent parents are leaving money on the table” when it comes to paying for college, says research by investment firm Legg Mason. The main reasons? Parents neglect getting informed guidance from those who can help them, like their financial advisors, and make many planning mistakes, including failing to take advantage of tax-favored programs like 529 plans. Legg Mason’s 2012 Intergenerational Survey of College Finances documents how […]

Read full story Comments { 1 }
college_costs

Paying for College: Should Kids Have Skin in the Game?

College is a huge investment. Should your kids take responsibility for paying part of the bill? 72% of parents from affluent families said paying for all or part of college would help their kids get the most out of their education, according to a recent online survey by Legg Mason Inc. The parents reasoned that contributing […]

Read full story Comments { 0 }
ap test taking

Florida High School Students Tops in AP

We all recognize the role of education in preparing students for productive careers and successful financial futures.  Kudos to Florida, for making serious gains in secondary education, according to Florida Trend magazine.  Rasing the educational bar helps, in turn, to improve the quality of life in the 4th most populous state and raise awareness of Florida as an attractive place […]

Read full story Comments { 0 }
palm beach comm coll

More Families With Means Are Opting For Community Colleges

College costs keep rising, and students are piling on more debt than ever before.  But here’s a trend you may not know about.  More and more families with means are downshifting from private or expensive schools to lower cost community colleges: “Many predict any rise in rates could push more families to seek out less-expensive colleges—furthering […]

Read full story Comments { 0 }