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The Facts, Not the Hype, about Student Loan Forgiveness
Student loan forgiveness is a hot topic. Here are six facts to help you make sure you don’t get burned by the hype around loan forgiveness. Know the facts now to avoid taking a loan expecting that it will be forgiven only to find out that you don’t qualify after making ten years of payments.
Tuition Payment Plans – Hidden Gems to Pay for College
Most families know that there are many ways to pay for college: savings, loans, grants, scholarships, financial aid, gifts from friends and family, income from a job, etc. Sometimes overlooked is a hidden gem that could reduce student borrowing and the total cost of paying for college: tuition payment plans.
Use 529 Savings for Pre-College Schooling, Student Loans, and Apprenticeships
In the 1990s, Congress passed legislation to create 529 college savings programs to help families create a nest egg for college. With terrific tax benefits and lots of flexibility to move money among beneficiaries, more than 13 million current account holders have saved more than $325 billion.