Monthly Archives: January 2017

Helping Your Teen Envision Their Future

Lauren Haynes is a fellow financial advisor who blogs about family finance at wordsonwealth.com. Below she offers some guidance on starting a healthy, productive dialog with your teen about college and their future.

A 2016 Citizens Financial Group survey said that 57% of millennials wished they hadn’t borrowed so much money to attend college. This statistic leaves parents in a difficult Continue reading Helping Your Teen Envision Their Future

Income-Driven Payment vs Forbearance

Navient, the largest servicer of student loans, has been in the news this past week because it is being sued by the Consumer Financial Protection Bureau and several states’ attorneys general. One of the CFPB’s charges is that Navient steered borrowers into forbearance instead of income-driven repayment, which often results in borrowers owing considerably Continue reading Income-Driven Payment vs Forbearance

College Degree More Valuable Than Ever

Since the end of the Great Recession in 2009, almost all of the economic gains have gone to workers with college degrees, according to a recent report from the Economic Policy Institute. In fact, the earnings gap between college graduates and those with only a high school diploma is larger than it has ever been, with college graduates earning 56% more Continue reading College Degree More Valuable Than Ever