How to Use Your 529 Plan When It’s Time for College

It’s easy to find advice about saving for college, but what are you supposed to do once your child actually reaches college age and it’s time to spend some of that money you’ve saved? Specifically, how should you handle the money you have in your various 529 savings accounts? Is it best to spend as … Read moreHow to Use Your 529 Plan When It’s Time for College

Navigating The Preschool Admissions Process: Getting In And $1,000 Application Fees

When my wife was pregnant in late 2016, a friend told me, “You need to apply to preschool within the first three months after he’s born.“ He had one kid in private elementary school and two kids in private middle school. His is also a centimillionaire.  “Absurd!” I responded. “Hey, it’s up to you buddy. … Read moreNavigating The Preschool Admissions Process: Getting In And $1,000 Application Fees

Parent PLUS Loan Equals Another, Older Generation Mired in Student Debt

It appears that the nation’s ballooning student loan debt is not just confined to students. The crisis, as it turns out, also encompasses millions of parents who are Parent PLUS loan holders. And according to a recent Brookings Institution report some troubling trends are beginning to emerge among parents who borrow money via these federal … Read moreParent PLUS Loan Equals Another, Older Generation Mired in Student Debt

A Single Parent’s Financial Guide to Returning to School

As a single parent, going back to school can seem like an impossible and daunting process. You need that higher education to snag a high-paying and solid career, but at the same time, it’s necessary to keep working to pay for your schooling. Throw in that you need to support your family and household throughout … Read moreA Single Parent’s Financial Guide to Returning to School

Saving for College? These Rewards Credit Cards Can Help

Whether you’re already a parent or thinking of having children, the rising cost of a college education is cause for concern. Even a public, four-year university now costs $10,230 per year on average, and that price tag doesn’t include room and board. It’s hard to imagine how much prices might increase over the next decade … Read moreSaving for College? These Rewards Credit Cards Can Help

The Cost Of A Top MBA Program Is Now Absurdly High

As an MBA holder from UC Berkeley, I should be very pro-business school. But after seeing the latest tuition figures compiled by US News & World Report, I cannot in good conscience recommend getting an MBA full-time today if you are paying full price. Take a look at the details yourself. US News & World … Read moreThe Cost Of A Top MBA Program Is Now Absurdly High

Public Service Loan Forgiveness: How to Qualify (and Why So Few People Do)

The U.S. Department of Education recently released some startling and sobering statistics regarding its Public Service Loan Forgiveness program: Of the 29,000 applications for student loan forgiveness that have been filed thus far, an astounding 99% of them were denied. As one news organization pointed out, you have better odds of getting accepted into an Ivy … Read morePublic Service Loan Forgiveness: How to Qualify (and Why So Few People Do)

The Rapid Depreciation Of A Harvard Education: How Private School Grads Can Still Save Themselves

When I was applying to colleges in 1994, I thought only extremely smart or talented people attended Harvard. I had heard stories about the rich buying their kids’ ways into Harvard, but I was unaware of the details. As a public school kid with an OK SAT score, a 3.6 GPA, and unspectacular extracurricular activities … Read moreThe Rapid Depreciation Of A Harvard Education: How Private School Grads Can Still Save Themselves

Starting College Savings When Your Children Are Older

It’s common sense if you know much at all about investing and personal finance. If you intend to save for your children’s college education, the best thing you can do is start early – as early as possible. The reason is simple – it’s all about the power of compound interest. When you save money … Read moreStarting College Savings When Your Children Are Older