by Brett Tushingham | Mar 11, 2019 | College, College Planning, Financial Planning
Children are being asked to make one of the largest purchase decisions of their life at the age of 17, paying for a college education. The result, the average graduate has more than $37,000 in student loan debt. Parents understand that investing in an education...
by Brett Tushingham | Jan 17, 2019 | College Planning
The need for college planning has never been more important. The average cost for a private school is now $35,676 and the rates on Stafford and Parent Plus loans for 2019 have increased to 5.05% and 7.6% respectively. For parents with children in high school, this...
by Brett Tushingham | Oct 22, 2018 | College Planning
To say that student loans are an issue is an understatement. Let’s look at a few statistics. Outstanding student loans are nearing 1.6 trillion, second only to mortgages when it comes to consumer debt. Current delinquency rates are over 11% and based on...
by Brett Tushingham | Oct 15, 2018 | College Planning
A divorce or separation can have a dramatic impact on your child’s eligibility for financial aid, and here’s why – some colleges will only consider the income and assets of the custodial parent, while others will include both the custodial and non-custodial parents....
by Brett Tushingham | Oct 1, 2018 | College Corner, College Planning
Should we gift appreciated assets to our children to help pay for college? As is normally the case with planning, it depends. You first need to determine if you will qualify for any need-based financial aid. The formula for determining need-based aid is Cost of...
by Brett Tushingham | Sep 10, 2018 | College Planning
College selection is an integral part of any college planning strategy. Where will your child fit in best? What should they major in? What financial aid, if any, can they expect to receive? These can be difficult questions to answer for most families without some...
