IF THIS BILL PASSES, COLLEGE AFFORDABILITY WOULD GO FROM BAD TO WORSE, EXPERTS SAY

IF THIS BILL PASSES, COLLEGE AFFORDABILITY WOULD GO FROM BAD TO WORSE, EXPERTS SAY

House Republicans’ proposal would cut back loans, tighten repayment options and let for-profit colleges become 100 percent federally funded ASHINGTON — A bill proposed by Republicans in the House of Representatives could change the college-financing system dramatically, moving billions of dollars out of financial aid programs. If H.R. 4508, becomes law, college affordability would go from bad to worse, say many higher education experts, and students from low-income backgrounds would suffer....

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Princeton Review's 2018 College Hopes & Worries Survey

Princeton Review's 2018 College Hopes & Worries Survey

Every year the Princeton Review takes a survey that analyzes the hopes and worries of college-bound students and their parents. The 2018 report surveyed 10,958 families, 85% of which were students, and 15% parents. As expected the highest worries for both parents and students are paying for college (financial aid and debt); whereas just 12 years ago the biggest concern was getting into their top college choice. What is interesting in this report was the mindset difference between parents and st....

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FUNDING COLLEGE, WHAT YOU DON’T KNOW CAN WREAK HAVOC ON YOUR RETIREMENT

FUNDING COLLEGE,  WHAT YOU DON’T KNOW CAN WREAK HAVOC ON YOUR RETIREMENT

Every month I get client questions from advisors that leads me to believe there are still a ton of untruths, misbeliefs, and misconceptions in the college market. Forget about the advertised price (which now approaches $300,000 per student), the actual price a family ends up paying for college today will cut deeply into their retirement plans. I think everybody knows it - they just choose to avoid it. So let me point out some of the most prominent misconceptions I often hear and why every family....

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REDUCE OUT-OF-STATE TUITION USING REGIONAL TUITION EXCHANGE PROGRAMS

REDUCE OUT-OF-STATE TUITION USING REGIONAL TUITION EXCHANGE PROGRAMS

I wrote a well-read post last year called TUITION HACK: LITTLE-KNOWN WAYS TO PAY IN-STATE TUITION RATES AT OUT-OF-STATE COLLEGES. It’s about cutting the high cost of out-of-state public universities by becoming an actual resident of the particular state where the college was located. As I mentioned in the article, there are four basic elements used to determine residency by these out-of-state public universities. They are, 1) Duration of residence requirement, 2) Financial independence, 3) Pr....

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