The 10 biggest 529 plans for the fourth quarter of 2011 are ranked by asset size My Comments: A 529 Plan is an IRS approved idea that allows you to set aside after-tax money in a special account where it will hopefully grow. Then, when you withdraw the money to pay for college education approved …
Tag: College money
Realistic Planning: There’s More to Life Than Retirement
My Comments: This article is about someone who put all three of his children through college and saw them graduate with no debt. As he says, "Woo-Hoo!" Many of you with children in high school, or perhaps already in college, are doing your best to help your kids get into or through college with money …
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Seeking Creative Ways to Pay High College Costs
My Comments: I'm very involved with a foundation out of Tucson, AZ that has the ability to help parents find endowment money to pay for college. A typical result when you engage with the foundation is $60,000, spread over four years, that does not have to be paid back. In spite of this record, many …
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Realistic Planning: There’s More to Life Than Retirement
By Bob Seawright (Bob Seawright is chief investment and information officer for Madison Avenue Securities in San Diego.) On the day I write this column, I made my last payment towards the education of my children. Had I paid via actual paper draft rather than electronic transfer, I would have waited to receive the cancelled …
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Top 15 Best Paying College Degrees
My Comments: The most compelling argument in favor of a college education is that it leads to economic advantages. In simple terms, more money. Yes, there are probably other reasons to be properly educated, among them those who are committed at an early age to follow a path of service to humanity. But for most …
Managing Your Student Loans
If this is Tuesday, (and I think it is; we just got back from a trip to California and six days of sleep deprivation) then today is when I write something about the problems of paying for a college education. This article comes from a MDPreferred.com, an organization I work with to help physicians navigate …
An Expensive Lesson
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 …
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 …
Students Pay Rates as High as Credit Cards on Student Loans
My Comments: Last week on Tuesday my blog reflected the comments of a financial advisor recommended by the editor of InvestmentNews. This person, identified as Betty, suggested Stafford loans as a legitimate source of money to pay for college. Her point was that anything was better than invading your pre-tax retirement funds. My comment was …
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Helping Define Your Financial Future 