college: Financial Tips for Preparing You and Your Child for College
- 09/26/12 11:31 PM
If you’re like me and getting your high school senior ready for college, now’s the time to think about how you will pay for your kid’s education. Even if you’ve been saving for years, you may want to think about how student loans can help you and your child. College tuitions are on the rise and thinking about alternative payment methods may help you in the long haul. Here are some tips about saving for college and applying for student loans: 1. Understand how much college will cost: When you’re child gets accepted to school, make an appointment with the … (0 comments)
college: Saving Money in College
- 09/13/12 01:51 AM
It’s important to teach your kids how to manage their money early, so that they will know how to save for large purchases later in life. College is a great place to start. It’s the first time they are out of the house, making decisions on their own. If your kid learns how to put money aside now, maybe they will get a hang of it once they are on their own and saving up for a home! Here are 4 tips to saving money while at college: 1. Rent textbooks: Compare prices when shopping for textbooks. It can often be … (1 comments)
college: Is the Investment Worth It?
- 08/29/12 12:45 AM
In this housing market, many sellers wonder if it is worth selling their property now, or if the return on their investment will be higher if they wait. People are asking the same question in terms of college education. In these economic times, with student loan debt topping $1 trillion dollars and tuition increasing at four times the inflation rate, many parents are wondering if it’s worth sending their child to college. According to U.S. Bureau of Labor Statistics (BLS), the answer is yes. The unemployment rate for college graduates is half that of those with no college … (2 comments)
college: What College Applications and Down Payments Have in Common
- 08/03/12 04:03 AM
You would never advise a client to begin their home search before they know what their down payment can be and how much they can afford. It's the same thing with colleges. You wouldn't show up at a $15 million home if you can only afford a $150,000 home and you shouldn't show up to Harvard if you can only afford your home state school. For those of you like me with high school students, I'm sure how to afford college is on your mind. First thing's first, it's good to know how much colleges and universities expect you to … (2 comments)
college: College Town Real Estate Trends
- 01/06/12 04:38 AM
It's only January, but for many families that means college planning is in full swing. Whether your child is headed to college next fall or a junior in high school deciding on which college to attend, it's time to start planning for the future. Considering the cost of tution and housing, some parents are looking into purchasing college town real estate. One of the biggest expenses associated with college is housing. According to scholarships.com, the average cost of room and board fees at a four-year college or university runs nearly $10,000 per year. That number could be even higher, depending on … (2 comments)
When thinking of a great graduation gift for your grandchildren vacations, appliances, or dorm essentials may come to mind, but what about tuition. If you have determined that you can afford to pay for a portion of your grandchild's college, what other considerations should you keep in mind?
Assuming you have the financial means and the desire to do this, paying your grandchildren's college tuition (and other related costs) is a great way to transfer wealth to subsequent generations of your family. If you're thinking about paying your grandchild's tution, here are some things to … (3 comments)
college: 529 Savings Plans for College
- 08/09/10 06:43 AM
With your own children out of the nest, you seem to have fewer expenses. Being a generous grandparent, you may want to consider investing your extra cash in your grandchild's future. Dan Solin explains the best ways to save for your grandchild's college education: The recession and market turbulence have made the dire financial situation facing some baby boomers much worse. Few were prepared for retirement before the financial crisis. Most are hopelessly behind in their retirement savings. Consider these statistics:
* By some estimates, almost 10 percent of retirees have children dependent on them for financial support. * Almost 33 … (0 comments)
college: Three Insurance Policies Your College-Bound Child Needs
- 05/26/10 06:07 AM
Equifax Personal Finance Blog insurance expert Linda Rey shared three insurance policies parents should make sure to send their children off to college with. Here's an excerpt: Your kid is off to college. The bags are packed. The GPS is set. And you’ve got a fistful of tissues for the drive back home. Now what? The moment your child moves out of your house, everything will change with regard to your insurance policies and how you can provide the best protection. The first insurance policy on her list of three? Auto insurance. To read about the other policies your child will … (0 comments)
;)
;)
;)
