Research Confirms An Urgent Need To Improve How Students Are Supported When Choosing College Majors

Research Confirms An Urgent Need To Improve How Students Are Supported When Choosing College Majors

  Earlier this year, a first-generation college student told a disturbing story in The Hechinger Report. She was in her sixth year at a four-year college, having changed her major twice and taken time off because she lacked a clear roadmap of what she wanted and how to get there. This, sadly, is not an unfamiliar tale. Choosing a college major is one of the most important decisions students make. It influences everything from employment and earning potenti....

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Pros and Cons of Saving for College in 529 Plans

Pros and Cons of Saving for College in 529 Plans

When you've been in the college funding business over twenty-five years and trained over 5,000 advisors, you've heard every possible story, received every possible pitch, and seen every possible blunder. In the financial services industry, every advisor has their 'favorite' investment. You want to make money. I get that. But regardless of the money made, you really should have your client's best interest in mind when suggesting products and investments. So the other day I get into a discussion....

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With College Costs Out Of Control, Your Prospects and Clients Need a Certified College Funding Specialist

With College Costs Out Of Control, Your Prospects and Clients Need a Certified College Funding Specialist

All you hear in the news is that a college education is mandatory for a good job. There’s no doubt in my mind that statement is true. This is why admissions enrollment today is the highest ever, which of course why college costs are the highest ever. Supply and demand. The rising cost of college never seems to end. If you are retired, the average increase in your social security benefit over the past few years has been negligible. Family incomes have not gone up much either, which is why the....

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Tuition Hack: Little-Known Ways to Pay In-State Tuition Rates at Out-of-State Colleges When All Else Fails And You Get Zero Financial Aid

Tuition Hack: Little-Known Ways to Pay In-State Tuition Rates at Out-of-State Colleges When All Else Fails And You Get Zero Financial Aid

Are your clients looking to go to a college out-of-state for in-state costs? A public college in another state costs 2-3 times for out-of-state students compared to the in-state prices. Being considered an in-state student will make those out-of-state schools more affordable.  If the student can establish in-state residency, the cost of college can be reduced by eliminating the out-of-state tuition. In many states, out-of-state tuition can double or triple the cost of attendance. The four ....

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