Storm Clouds for College Funding

The powers that be in Washington, DC have been very busy. After a year of many pandemic-induced changes, Congress and bureaucrats have decided to add more change to the college funding landscape. The rules on how financial aid is calculated and

College Planning: Paying for College without Going Broke

Join Steve Stanganelli and the Georgetown (MA) PTA for a college financial planning workshop "College Planning: Paying for College without Going Broke" at the Georgetown Peabody Public Library (2 Maple Street, Georgetown, MA) from 7 PM to 8 PM on

Young Parents Prepare for College: Part 3

How do young parents prepare for college?  Heck, the kids may not even be out of diapers yet and you start hearing voices inside your head.  Is that your conscience or (in my case) a toddler calling out Daddy at 3 AM wanting to play with his

The College Funding Dilemma

With the cost of a college degree exceeding $60,000 and in many cases approaching $100,000 or more for a bachelor's degree at an in-state public university, how will you pay for it?  You can beg, borrow and probably steal (though not recommended) but

Your Student Loans and the Government Shutdown

This whole government shutdown mess is one of those on-going teachable moments my wife and I are so familiar with when dealing with two occasionally crying toddler boys.  As I like to say to my four- and two-year old toddlers when they do something

The Myth of the Gerber College Plan

The pitch is appealing as several young families sit around and wonder how they will pay for college for that remarkably quiet bundle of joy in the middle of their little coffee klatch. Solution? Gerber College Plan! Worth your time and money? Nope.

Taxes on Social Security Benefits for Dependent Students

Do you have a dependent child attending college who also receives Social Security Benefits? How does this affect financial aid and income taxes?  These types of questions come up from time to time.  I have several college planning clients whose

Ask the College Cash Pro: 529 Plan Distributions

    Do the distributions from a 529 plan need to be taken the same year as expenses? Q.)  Tanner from Temecula, California asks:  My daughter is starting her 2nd year of college and I'm wondering if distributions need to be taken each

Paying for College – A Retirement Funding Problem for Parents

Next to buying a home, a child’s college tuition is probably the largest single expense a family will ever incur. Today's college education costs range from $11,000 to $23,000 per year at a state college and $26,000 to $52,000 or more at a private

Why Parents Need a College Planner Professional

Let's face it.  We live in a complex world.   There are just so many ways to get tripped up in our daily lives and a helping hand goes a long way to lower the stress and the cost of most things.  This is especially true when it comes to matters of