Why Wealthy Families Should Apply for College Financial Aid

If it's January, it's time to file your FAFSA college financial aid application. And it's also that time of year when I get asked if it's worth it.  There are many reasons why wealth families should apply for college financial aid as noted in a

Pay for College Without Huge Debt

As the calendar gets ready to announce a new school season, parents begin to ask what are the best ways to pay for college without huge debt.  With some planning it is possible to pay for a college education without putting yourself behind the eight

Financial Aid Impact of Savings and Investments

College funding is a combination of strategies to lower the overall cost.  It's not just about 529 savings or dealing with the FAFSA.  It is more holistic.  When considering the financial aid impact of savings and investments on college funding,

College Funding: Paying for College with Tax Scholarships

Parents need to understand that there is more to college funding than a 529 Plan. Saving FOR the cost of college is not the same as saving ON the cost of college. And there are more ways to save on the cost than to simply rely on scholarships, grants

How to Beat the Odds for College Admission

College admission is complicated.  Here's how to beat the odds for college admission and get into the right school at the right price. With an ever-increasing pool of applicants trying to gain college admission and college admission rates

Playing with Fire: Financial Advisors Need Help with College Planning

Are you playing with fire when it comes to college planning? You just might be.  I have a good friend of mine whose signature mock saying is "drive fast, take chances, live dangerously." Well, most people do and would just laugh at that.  "No way,"

Life Insurance for College Savings – Proceed with Caution

As the foliage starts to turn and campus tours bring a new crop of potential applicants to colleges everywhere, anxious parents worry about how to pay for that college degree.  Parents may be pitched the benefits of cash value life insurance as a

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

Mortgage Financing: Is It a Smart Way to Pay for College?

Thinking about college tuition?  Wondering about how to pay for that college degree?  You are not alone.  Many families turn to their home as one source to pay for college bills.  But is it the smartest thing to do?  A recent article in USA Today