NEW COLLEGE ADMISSIONS CHANGES OPEN THE DOOR FOR FINANCIAL ADVISORS TO HELP MIDDLE & UPPER-INCOME FAMILIES NEGOTIATE PRICE REDUCTIONS FROM COLLEGES

NEW COLLEGE ADMISSIONS CHANGES OPEN THE DOOR FOR FINANCIAL ADVISORS TO HELP MIDDLE & UPPER-INCOME FAMILIES NEGOTIATE PRICE REDUCTIONS FROM COLLEGES

This newly adopted free-market change puts financial advisors in the driver's seat with middle and upper-income clients by showing them how to barter with colleges for pricing incentives! Here is a common excuse I hear from financial advisors regarding college...  “Ron, I love the idea of college planning and helping people with their finances, but most college-bound families usually don’t have any money to invest.  And high-income investment prospects know they won’t qualify for f....

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OPINION: FIX THE COLLEGE COST CRISIS BY FIXING THE COLLEGE LOAN CRISIS FIRST!

OPINION: FIX THE COLLEGE COST CRISIS BY FIXING THE COLLEGE LOAN CRISIS FIRST!

  The cost of a college education today has reached “crisis mode.” The cost of most large state universities are over $30,000 a year per student and some elite schools, such as Yale U, have price tags approaching $80,000 a year per student. Most families with two, or more, students cannot afford to fund their future retirement and pay for college at the same time. You know the high cost of college is in crisis mode when politicians use it as a major election platform. They scream “f....

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THE EXPECTED FAMILY CONTRIBUTION (EFC) UPDATES FOR THE 2020-2021 SCHOOL YEAR

THE EXPECTED FAMILY CONTRIBUTION (EFC) UPDATES FOR THE 2020-2021 SCHOOL YEAR

The Department of Education (DOE) recently announced the annual updates to the tables used in the statutory Federal Need Analysis Methodology that determines a student’s Expected Family Contribution (EFC) for the award year 2020-2021 for student financial aid programs. The Higher Education Act requires the DOE to update these tables for price inflation annually: Income Protection Allowance (Student & Parents) Adjusted Net Worth (NW) of a Business or Farm Asset Protection Allowance....

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SINGLE PREMIUM LIFE INSURANCE CAN HELP FAMILIES CUT COLLEGE TUITION, AVOID STUDENT LOANS  AND SAVE THEIR RETIREMENT

SINGLE PREMIUM LIFE INSURANCE CAN HELP FAMILIES CUT COLLEGE TUITION, AVOID STUDENT LOANS  AND SAVE THEIR RETIREMENT

Every year, students and their parents spend countless hours going through the stressful college admissions process in the hope of getting into top colleges. The results are often not pretty. As we just passed the May 1st enrollment deadline, here are a few comments of parents from a college Facebook group: "My kid is in her room crying her eyes out because we can't afford the two favorite options we have and she is likely going to "have to go to a STUPID SUNY!". "All our life we have sa....

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