Tag Archives | paying for college

Cutbacks On Campus: Parents Spending Less On College

It’s actually a good thing. Parents are cutting back on what they are paying for their kids to go to college. A new study on “How America Pays for College” by financial institution Sallie Mae shows parents are still committed to a college education, but are asking kids and universities to pull more of the weight.  The […]

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Think Twice Before Co-Signing Student Debt

Parents, think twice before co-signing student loans for your kids. Or at the minimum, read last week’s article in the Wall Street Journal about the financial havoc caused when kids stop paying on their loans, leaving creditors to come after already cash-strapped parents. Reports the Wall Street Journal: “After years of facing all sorts of […]

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College costs

Best College 529 Plans

We have helped many of our clients set up college savings 529 plans for their children and grandchildren.  These plans are usually the “go-to” solutions for college savings, since they offer unbeatable tax advantages and almost total flexibility in school selection. So when investment consultant Morningstar just named their top choices among the nation’s 529 plans, we […]

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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 […]

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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 […]

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Best College Majors – for Earnings, That Is

Take a look at a very interesting article by Phil Izzo, “Which College Majors Pay Best,” in the Wall Street Journal.  Izzo spotlights research by Joseph G. Altonji, Erica Blom and Costas Meghir of Yale University, showing which college majors generate higher earnings after graduation.  Not surprisingly, certain majors – notably those requiring math skills – lead to higher […]

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