How A CSS Profile Impacts College Aid

How A CSS Profile Impacts College Aid

This week’s blog covers the last bit of my interview with Jim Anderson of Making College Worth it.  If you miss the last two segments, Easy Tips to Reduce College Debt and Navigating the Confusing College Aid System, click on the titles to access. One of the biggest aha-ha’s I got from my meeting with Jim is learning about the CSS Profile. I didn’t know about it at all before I met with him. It turns out for financial aid that some colleges require FAFSA and some require a CSS Profile....

Navigating the Confusing Financial Aid System

Navigating the Confusing Financial Aid System

How to pay for college is probably the number one stressor for parents. In my last post, I shared part of my interview with Jim Anderson of Making College Worth It. Jim helps parents find the right school based on their child’s interests and what the parent can afford.  Last week, we focused on what parents should consider throughout their child’s life to help pay for college. You can click here to read that blog in case you missed it. In this week’s blog, we focus on the types of...

Easy Tips to Help You Reduce the Amount of College Debt

Easy Tips to Help You Reduce the Amount of College Debt

Tax time is over. Even if you are getting money back, it’s still probably not enough to cover your child’s college tuition. Here lies the main stress that many parents face when it comes to sending your child to their ideal college. How am I going to pay for it? How much college debt will I or my child have to face in order to get their education? This is why I am excited to share my interview with Jim Anderson of Making College Worth It. Jim helps parents find the right school based on their...

How to Encourage Your Child’s Heart Without College Debt

How to Encourage Your Child’s Heart Without College Debt

A mom posted this question in a Facebook group. "How do you encourage your kids to follow their heart but not into debt?!" It’s a tough question. On one side, we want to be encouraging and tell our kids to live their dreams. On the other hand, we also envision them being able to afford a house, raise a family, and retire at a decent age. I know I would have a hard time seeing my child struggle in making a living.   Here are some of the many comments the mom received from her Facebook...

A Career Decision That Turned into $80,000 in Debt

A Career Decision That Turned into $80,000 in Debt

A parent shared with me that her first child, John, always wanted to be an anesthesiologist. Ever since he was in middle school, John was sure that was the career he wanted. The parents felt confident about his choice because that was what he wanted to do for so many years. So, their son went to college to be an anesthesiologist. But, a couple years into college, he realized he didn’t like anesthesiology. There were parts of the studies and the career John didn't love. He just wasn’t...

How to Avoid Putting Your Retirement On Hold

How to Avoid Putting Your Retirement On Hold

A parent recently told me...... “I am facing retirement in less than two years. I wish I put my children’s hopes and dreams into perspective. College kids aren’t the only ones who take out education loans. More parents need to understand the impact of their child’s future on their own hopes and dreams.”Debbie, Parent My husband and I dream of traveling more in retirement. We hope to get an RV and travel all across the United States. While we are on target, we need more savings to retire. The...

The Secret to Saving Money When Paying for College

The Secret to Saving Money When Paying for College

The number one challenge for parents with teenagers is paying for college. Let’s look at the numbers. $20,000 (average cost of college per year) x 4 = $80,000 That is if your child goes to school for just four years. Research shows that the average length has gone from four to six years. If they go six years, you are looking at the cost of $120,000. I’m not a math whizz, but I know that’s enough money to buy a vacation home or travel through Europe a few times! College, no doubt, is a huge...

Tips for Avoiding the Costly Effects of Changing College Majors

Tips for Avoiding the Costly Effects of Changing College Majors

John is currently in his third year as an English college major. He thought he wanted to be a college English professor but says now that he'dlike to "do English" as a hobby but not a career. Often, peoplewho “like reading and writing” become English college majors only to find outit’s not what they thought it would be. Science classes were always Connor’s favorite in high school. He loved being outdoors at the beach, rivers, and lakes. He was fascinated with fish and fishing....