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.
A college education — for many, this will be the largest single purchase they make, aside from their home. The tools available to deal with this daunting savings challenge have changed dramatically over the past decade. New tools, like Section 529 plans and Coverdell Education Savings Accounts, are huge upgrades over past college savings vehicles. But the rules governing these new options continue to shift. Here's our latest analysis to help you design a solid blueprint for meeting your college saving goals.
It's been said that if you don't know who you are, Wall Street is an expensive place to find out. But so is college, and unfortunately, too many students enter college without a solid idea of who they are and what they can become. As a result, many bounce from major to major trying to find a career path that looks intriguing. Crown's Career Direct assessment can help clarify that search before spending tens of thousands of dollars on extra schooling.
The cost of higher education is enough to knock many parents for a loop. With 34 years of insider experience to draw on as a former director of student financial aid, our guest author explains the ins and outs of the aid process, and debunks four common myths that can send aid applicants off course.
Paying for college is a lot harder for most people than selecting one. Since 1980, as measured by the consumer price index, college costs have grown two to two and one-half times faster than inflation. Estimates of $150,000-$200,000 are tossed out as the total cost package for getting one child through a good school. Some people may pay that amount, but I can't and you don't have to, either. What follows are some practical tips on tackling what can easily be the single largest expense item of your life.
Survey after survey seems to indicate that today's youth are woefully unprepared to handle their finances as adults. This lack of preparation can have a devastating impact on a young person. Thankfully, your kids don't have to be part of this trend. After all, they have you! Here, then, are 10 suggestions for teaching your children the value of money.
