My Comments: At least once every week, I try to have a post that deals with the cost of a college education. My comments are usually directed to the parents of high school age children. Too often, there is never a conversation in the family that explores the financial consequences associated with a college education …
Category: Money for College
Rich People Pay This Woman $42,000 To Get Their Kids Into College
My Comments: This headline got my attention. Here I am, down in Gainesville, Florida, trying to get parents to turn $100 into $2,000 to help pay for their students college education. This woman is charging $42,000 to help similar students gain admission to the same schools and appears to have no trouble getting 25 families …
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Educating College Students About Debt
My Comments: I’m doing my best to stress that going into debt to pay for a college education is a last resort. When you realize there are millions of dollars available in the form of endowment scholarships from virtually every school, then it becomes a question of knowing how to access that money. The answer …
A Strategy for Affording College
Educational costs are mounting. Here’s an action agenda that can help clients cope. My Comments: Increasingly, the journals and magazines addressed to financial planners like myself include articles about paying for college. This one has a great title, and a quick read gives me these action items: Get and early start Set up a 529 …
Is Going to College an Investment?
My Comment: I went to college ( many years ago ). My parents and I never considered any other option. It was the natural thing to do, a simple extension of high school, and since I had the grades, I applied to the University of Florida, was admitted, and the rest is history. Frankly, I …
CollegeMoneyNow Award Letter of the Week – April 10, 2012
My Comment: Here is award letter #6. Hofstra University is well known to most of you. Not a name that comes up very often here in the south but one with an impeccable reputation. This is for someone enrolling as a freshman this fall. That's a lot of money that doesn't have to be paid …
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CollegeMoneyNow Award Letter of the Week – March 27, 2012
My Comment: This is post #4 where I show examples of award letters from colleges. These are typical of the award letters sent to students who are members of the Neighbors Foundation. We argue that it makes more sense to use their money before you spend yours. If you know anyone in high school, or …
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CollegeMoneyNow Award Letter of the Week – March 20, 2012
My Comment: This is post #3 where I show you examples of award letters from various colleges that are representative of the award letters to students who have engaged in the process of finding extra money to help their parents pay for their college education. I encourage you to read para #3 below. Jon, to …
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Retirement Shortfall Risk Making College Saving Tougher, Even For Affluent
My Comment: Every where I turn these days there is more bad new about the cost of a college education. This article is no exception. To counter it and do my part, I've partnered with a foundation in Tucson that for the past 27 years has been solving a large part of this puzzle for …
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CollegeMoneyNow Award Letter of the Week – March 13, 2012
My Comment: Here is the second of what I plan to show you once every week. Examples of award letters from colleges and universities across the nation. Again, this is money the colleges and universities are willing to spend when they realize they are competing with other colleges and universities for any specific student to …
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Helping Define Your Financial Future 