Is the Parent PLUS Loan a Good Idea for You?

Is the Parent PLUS Loan a Good Idea for You?

Student loan debt in the U.S. didn’t reach a whopping $1.5 trillion overnight. In the 1950s and 1960s, the U.S. government began backing loans for higher education. This caused colleges throughout the country to raise tuitions and fees to use up every penny that...
Choosing a Career vs. College Major: Which Comes First?

Choosing a Career vs. College Major: Which Comes First?

We’ve all pondered the question, “What do I want to be when I’m older?” When we’re younger, it’s easier to answer this question. Being an astronaut or president seems so simple when you’re little. But as you get closer to college, the question changes to “What are you...
6 Tips on Saving Money for College To Start Young

6 Tips on Saving Money for College To Start Young

Unfortunately, saving money isn’t an inherent trait like our hair color. A lucky few seem to be natural savers, but the rest of us must learn the behavior of saving money as they grow. And as with most things, ingraining those savings lessons and behaviors at a young...
The Secret of Using Life Insurance to Pay for College

The Secret of Using Life Insurance to Pay for College

Spoiler alert: College costs are high and rising. Funding a college education is a bigger-than-ever expense for most families. Sure, grants, scholarships, and 529 plans can help cover some costs. But even then, you may need additional funding to pay off the bill...

Is College Worth It? Plan for a Major Investment

Is college worth it? According to a recent Wall Street Journal article, over one-third of parents with children ages 13 to 17 haven’t discussed their child’s role in paying for college. That’s alarming, considering how big of an investment college is for most...
How to Fill Out the FAFSA Without Going Crazy

How to Fill Out the FAFSA Without Going Crazy

For families with college-bound kids, there’s two things that are bound to cause loads of stress: the steep cost of college and the looming Free Application for Federal Student Aid (FAFSA). There’s no doubt that college is expensive and getting financial aid can...

Are Student Loans Becoming Necessary?

It’s no secret – the cost for a college education is staggering. Even the expenses to attend the least expensive colleges can create crippling debt for attendees. It’s especially costly to those who don’t qualify for grant programs or scholarships. The current state...