Student Loan Interest Rate Set to Double: How You Can Prepare
Unless the government acts soon, rates on subsidized student loans will double as of July 1, putting further pressure on America's next wave of college students.
Unless the government acts soon, rates on subsidized student loans will double as of July 1, putting further pressure on America's next wave of college students.
Many parents don't realize that there are alternatives to 529 plans that can often produce even better results for those looking to make the most of their college savings.
Everyone has things they want to improve about their financial lives -- even the staff of DailyFinance. So we asked money expert Jean Chatzky for advice on how to reach our goals, and we're sharing her answers with you. First up: An editor looking ahead to college tuition bills.
Kids born today will need an average of nearly $250,000 for college -- and that's a lot of saving for parents to do. But there are ways beyond the obvious 529 plans and Coverdell accounts to bump up your savings -- and some require no sacrifices, nor any extra money out of your pocket.
Exchange-traded funds are among the most popular recent innovations in the investing world -- with good reason: They offer a host of advantages over mutual funds. But they aren't a universally good solution: They make no sense at all within 529 college savings plans.
One of the hardest decisions parents have to make is whether to put money toward their kids' college educations or toward their own retirement. But as emotionally charged as it may be, the answer is a no-brainer.
Ian Welham of Complete College Planning Solutions discusses ways to save on college tuition.
I know what a daunting task it is to pay for college. But it's not impossible -- even on a paperboy's income. I did it, and hopefully some of what I learned on the route to college graduate will help inspire you, your kids, or your local paper carrier.
With graduation season around the corner, what better time to review your 529 college-savings plans? Here's why you'll definitely want to check the status of those funds now.
Can a designer shirt really snag you a better job offer? If so, maybe you'd be better off putting that college savings into your child's wardrobe.
How much can you afford to contribute to your kid's education? A rule of thumb to help you decide: Please make sure that your own oxygen mask is secured and fastened before assisting your child.












