If you’re a parent who wants to help your child or children pay for college, you probably want to maximize how much you can save and contribute toward their tuition and expenses. Here’s how you can do it with a 529 savings plan, which is one of the most popular ways for families to maximize their college savings.
college planning
THCC Episode 161 – Accessible Education for All
Most parents want to help their kids get the best education after high school. But they’re not sure whether college is the right fit or how to pay for it without ending up in too much debt. In my podcast interview with Marry Morris, the former Treasurer of Virginia and now the CEO of Virginia529, she provided some great advice and unbiased insights on how to get the best education with minimal debt, and what options students and their parents should consider. Listen Now…
THCC Episode 160 – Writing Great Essays for College Admissions and Scholarships
What does it take to write a great essay for college admissions or scholarship applications? On this episode of Taming the High Cost of College, I’m with Suzanne Davis, founder of Academic Writing Success, to explore what colleges and scholarships are looking for, what you should include, how parents can help their students become better writers, and how to write an essay that can get you into your preferred school or win a scholarship to help you pay for it. Listen Now…
3 Last-Minute Strategies to Save on College Costs
If you or your children have borrowed federal student loans, and you currently have any balances, you are potentially eligible for the new student loan forgiveness program announced by President Biden. Here are some quick facts and details you should know about the program, whether you qualify, and how to apply.
College Financial Planners: What They Do and Why Families Hire Them
Many families plan for college and try to figure out how to pay for it on their own, but they end up making mistakes that cost them thousands of dollars. Here’s why it pays to work with a college financial planner who can help you avoid those mistakes and make your kids’ college dreams come true with a smart financial plan.
10 Things to Consider Before Choosing a College
As parents, we want to do the best for our kids, but giving them the best in a college education means spending money and potentially impacting our long-term finances. So how do you decide what is best for your child and family? Here are 10 key considerations that will help put you on the right path.