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College

The Gallup organization has reported that 86% of Americans believe that a college education will soon be beyond the reach of most families. This needn't be the case. These resources can help you put together a plan that includes saving and investing as well as shopping for grants and scholarships.

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By Joseph Slife/div>
Many parents and young people assume a four-year college degree is the key to launching a successful career, and is therefore a wise investment of time and money. But that assumption is increasingly being called into question — both by the exploding costs (and related debt) associated with getting a Bachelor's degree, and an economy that's offering fewer attractive new jobs for college grads. Is it wise for graduating high school students to make college their default course of action? We take a closer look.
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By Austin Pryor
Solomon, the wisest man who ever lived, was clear about the educational priorities for his sons. More than once in Proverbs 4 he implores them to "get understanding" — even if it costs them all they have. But each time, he prefaces their getting understanding with something even more important: getting wisdom. Every new college student will face four key decisions as they head off to school, and those choices will largely determine whether they graduate with wisdom to govern their newly gained knowledge.
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By Matt Bell
The principles of wise investing are simple, but they're not always easy to implement. Too often, our emotions take us off track. One great way to keep our emotions at bay is to write out a detailed investment plan. Committing your investment goals to paper, along with how you will go about pursuing those goals and what you will do during times of market stress, will go a long way toward keeping you on course. We lay out the steps to write a great investment plan.
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By Matt Bell
Today, one in five adults has student debt, and that debt is proving to be too heavy a load for many to carry. Some 30% are either in default or are in a hardship program that allows them to temporarily suspend payments. Thankfully, with plenty of options available to struggling borrowers, there's no reason to default on a student loan.
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By Mark Biller
In recent years, most people looking for a tax-advantaged way to save for college have gravitated toward 529 plans. But after years in Congressional limbo, the Coverdell Education Savings Account has re-emerged as a legitimate competitor. While the amount savers can contribute to such accounts is relatively small, the Coverdell offers a couple of very significant advantages over 529 plans.
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By Matt Bell
Few things have risen in cost as fast as college tuition. Even if you've been saving diligently, you or your kids may need to borrow to fill in the gaps. Here's what the college loan landscape looks like today.
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By Mark Biller with Joseph Slife
Parents currently saving toward a child's college education enjoy a much more attractive college-savings landscape than existed 20 years ago. In 1996, Congress first authorized tax-advantaged "529 plans." A year later, lawmakers added the option of Education Savings Accounts. These savings vehicles, along with another common account type not often thought of as a college-savings tool, present today's parents three great approaches to setting aside money for college.
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By Joseph Slife
The Credit Card Accountability, Responsibility, and Disclosure Act of 2009 prohibits issuance of a credit card to anyone under age 21 — unless the young person has an adult co-signer or an "independent means" of repayment. We explain what this means for young adults heading to campus this fall.
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By Mark Biller and Joseph Slife
Along with most other investment vehicles, state-sponsored "Section 529" college-savings plans took their lumps in the '08-'09 downturn. Some 529 plan losses qualify as genuine horror stories. Should you be looking at alternatives for your college savings?
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By Crown Financial Ministries
A strong sense of career direction can help young people avoid costly trial and error when planning and pursuing their educational path.
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