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5 Ways that Parents can Effectively Pay for Their Kid’s College


By |December 22nd, 2016|Student Loans|Comments Off on 5 Ways that Parents can Effectively Pay for Their Kid’s College

Should Parents Pay for College?

As tuition costs continue to rise, parents face an increasingly difficult dilemma regarding their children’s college education: should they pay for their children to attend post-secondary studies, and if so, how much is appropriate? Before signing any checks or agreements, parents should consider their own futures.  Retirement may seem far away, but resist the urge to take funds out of your long-term savings.  Even if borrowing money seems risky, there are loans designed for students to attend college.  It is extremely unlikely that a bank will lend you money to retire because the likelihood of repayment is relatively low.  Additionally, money taken out of a retirement fund can be considered taxable income.  Since it’s viewed as additional income, your family’s eligibility for financial aid can be drastically affected the following year. […]

By |December 16th, 2013|Pay Off Student Loans|0 Comments

Does Welfare Pay for College?

One of the most common pieces of advice offered to college students today is to seek out as much financial aid as possible.  Unfortunately, in many cases, student aid packages are still not enough to cover the full cost of tuition, and many are forced to borrow money.  When this happens, some students begin to wonder if welfare or other public assistance programs will help pay for college. […]

By |November 25th, 2013|Pay Off Student Loans|0 Comments

Exploring Loans: How To Pay For College If Your Parents Can’t Or Won’t

As tuition costs soar ever higher each year, it’s increasingly common to find students turning to other sources besides their parents to fund their higher education. The sticker shock of undergraduate or graduate school can give even the most savings conscientious parents cold feet when it comes to footing the bill for their beloved children. […]

By |March 21st, 2013|Pay Off Student Loans|0 Comments