CHANGE IS ON THE WAY FOR THE COLLEGE SCORECARD

CHANGE IS ON THE WAY FOR THE COLLEGE SCORECARD

The U.S. Department of Education is planning to add a lot more data to its College Scorecard, the online database of information about two- and four-year colleges and universities. It has been heavily criticized for lacking information on the earnings and debt for college students.   Users can look up individual institutions to find details on cost, graduation rate, student body demographics, and other characteristics. But in its current state, the College Scorecard is not very use....

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NEW FEDERAL STUDENT AID (FSA) MOBILE APP

NEW FEDERAL STUDENT AID (FSA) MOBILE APP

As part of its continued efforts to modernize and improve the quality of services provided by Federal Student Aid (FSA), the U.S. Department of Education this week launched its first-ever mobile application. The myStudentAid app will allow students and parents to easily and securely complete the 2019–20 Free Application for Federal Student Aid (FAFSA®) using the app's myFAFSA component. "The future of the FAFSA is here," said Education Secretary Betsy DeVos." "Now, students and their familie....

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WE’VE TEAMED UP WITH PROMPT TO HELP YOUR FAMILIES WITH COLLEGE ESSAYS

WE’VE TEAMED UP WITH PROMPT TO HELP YOUR FAMILIES WITH COLLEGE ESSAYS

College essays are critical for your families’ kids to get into their target schools and earn scholarships. Yet, most students struggle with their essays – writing about uncompelling content and using a poor structure. Our new partner, Prompt, is the easiest way to provide your families with affordable, expert support on essays. Prompt has reviewed tens of thousands of college essays, helping thousands of students gain acceptance to their dream schools while earning millions in scholarships....

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BUSINESS OWNER CASH-FLOW STRATEGY - DEDUCT THEIR CHILD’S CAR AS A BUSINESS EXPENSE

BUSINESS OWNER CASH-FLOW STRATEGY - DEDUCT THEIR CHILD’S CAR AS A BUSINESS EXPENSE

I’ve worked with enough high net worth business owners to know that they, just like everyone else, like to save a buck. So if you want to start a conversation about college funding with a high earning prospect, you should avoid the words “financial aid” in your discussion and stick with tax and cash flow strategies! One of the best combo strategies I ever used with high net worth business owners was to hire their kid in their business and then write off the cost of the kid’s new lease....

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