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College Funding

College Funding

Coping with College Loans

Paying them down and managing their financial impact. Is student loan debt weighing on the economy? Probably. Total student loan debt in America is now around $1.5 trillion, having tripled since 2008. The average indebted college graduate leaves campus…

College Funding

The Real Cost of College

It may not be what you think. How much will your family end up paying for college? Your household’s income may have less influence than you think – and some private colleges may be cheaper than you assume.  Private…

College Funding

4 Facts About College

1. The cost of college is high. It’s no secret that college costs have skyrocketed. The Department of Education1 says, “College has never been more expensive…over the last three decades, tuition at four-year colleges has more than doubled, even…

College Funding

ABLE Accounts for Loved Ones With Disabilities

Families should know about these new tax-advantaged savings vehicles. Families with special needs children have a new tax-advantaged savings option. The ABLE account, also called a 529A savings account, is patterned after the popular 529 savings plan created to…

building college savings
College Funding

Building a College Fund

Do it smartly, without the all-too-common missteps. According to Sallie Mae, U.S. families with one or more college students spent an average of $24,164 on tuition, housing, and linked expenses in 2015. That was 16% more than in 2014.1…

College Funding

UGMA & UTMA Accounts – A 2016 Update

Vehicles designed to help you amass college savings & make gifts to minors. If you want to save for college, you may wish to consider a UGMA or UTMA account. These custodial accounts are typically created by parents and…