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Making the Most of a College Visit
It’s time to pack up and head off to visit a college campus. How can you make the trip worthwhile?
Some visits may be as simple as an informal drive to a local college. Others may be week-long excursions visiting several schools. No matter the complexity, advance planning will help maximize the return on your investment of time, money, and energy.
Here are a few tips to make the visits fun and informative.
What if you Can’t Pay Your Student Loans?
The historic CAREs Act has provided relief for Federal Student Loans borrowers since March 2020. With 0% interest rates and deferred payments, many students have enjoyed the benefits. However, with the program set to expire on September 30th, 2021 some students are fearing the worst- what happens if you really can’t pay?
Which comes first: Saving for your retirement or your child’s college?
Spoiler alert: It’s not even close. You should save for retirement first.
However - and this is a BIG however - you can do both. Setting up a college savings account alongside your retirement planning will benefit the whole family. You will give your child a great start toward college while you concentrate on building your nest egg for retirement.