* Those of you who have completed third grade will likely notice that this post will not contain a dozen names; I just liked writing the Dirty Dozen.
Families who plan to spend some time this summer visiting colleges should take notice beforehand of which colleges are good financial fits. The Project on Student Debt from TICAS, The Institute for College Access and Success, publishes an annual report on student debt that includes listings of high-debt colleges. Continue reading The Dirty Dozen: Colleges with High Student Debt
Disclaimer: Nothing in this post is about paying for college, but it’s something parents of college-bound students need to know about.
The Family Educational Rights and Privacy Act is a bit like HIPAA for student records: it prohibits release of a student’s education records without their consent. Generally this is a good thing: Continue reading FERPA
One question I get a lot in my financial planning practice is “How should I help with my grandchildren’s college costs?” There are many options: opening a 529 account on your own, gifting into the parents’ 529 accounts, UTMAs, direct payment of tuition, just to name a few. The answer, as is so often the case, is It Depends. Continue reading Grandparent College Savings
What happens when PLUS loans are part of a student’s aid package but the parents don’t qualify for the loans? (Unlike direct student loans, PLUS loans have an approval process much like most other forms of loans.) In such a case, it’s likely that the parents will have problems qualifying for any other “good” loans, Continue reading When Parents are not Approved for PLUS Loans