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What to Do with a Lousy Financial Aid Package
The excitement of a college acceptance letter can be quickly replaced with anxiety if the financial award (a.k.a., the Package) is a bust. Here are some tips to evaluate the Package and what to do if it falls short.
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Financial Aid 101: How much did you get?
College admissions decisions are arriving – a joyous time for students relishing their success. A disappointing moment when dream schools say no. No matter which, these emotions will soon be overrun by the reality of making a school choice. And then figuring out how to pay the coming college bill. Lurking under it all: how much student loan debt will…
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The 529: 5 Great Reasons for College Savings
It’s cheaper to save than to borrow: Regarding college expenses, today’s environment is much more multidimensional than the old maxim of “a dollar saved is a dollar earned”, as many utilize student loans to cover the rising cost of higher education. Having to borrow becomes a much more costly endeavor long term, whereas savings is…
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College Majors and Return on Investment (ROI)
As college costs increase and student debt rises, you are likely thinking about your return on investment in college and asking if it is worth going to college.
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Benefits of a 529 Plan
There are many benefits provided through a 529 plan making it a go-to option for college savings. Here are some key reasons why so many families choose the 529 as a savings vehicle for college.
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Choosing an Affordable College Can Eliminate Student Debt
High school seniors are now filling out college applications. Some students have the college of their dream in sight. Others will have to make a tough choice about which college they will attend. So, how should families wade through emotional connections to certain colleges and make a decision that is rooted in logic?
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Supercharge 529 College Savings with Child Tax Credit Cash
Parents, take advantage of this huge opportunity to increase college savings with free cash from Uncle Sam! The government is now sending eligible parents cash each month. This free money can supercharge a child’s college savings nest egg and reduce future student loan debt. As MyCollegeCorner likes to say: “Saving a dollar today is better…
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What does College Really Cost?
Before buying expensive goods such as cars and homes, consumers have a very good idea of the purchase price and how they will pay for it. So why isn’t this true when it comes to buying a college education? Four years of college can easily cost more than a car or even a home. But…
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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…