College Funding

How to Pick a College Major

by Kent on February 22, 2013

Are you a young person planning to go to college? Or maybe you are an adult and want to go in a totally different direction in your career. Or maybe you just want to stay in the same industry but specialize in a particular area of study. Whichever group you are in, you need to […]


14 Sources of Funding College and Calculators

by Kent on October 31, 2012

College costs are going through the roof! You’ve seen the headlines. How are you going to pay for college, and what is going to cost you or your kids? A 4-year college costs on average  $21,447 for in-state public and $42,224 for private per year for tuition, room, and board. That’s a total of nearly $100,000 […]

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Student Loan Articles

by Kent on October 17, 2012

Here are a few very good and interesting student loan and college finance articles I’ve run across you might be interested to read: You Paid for College How? How Not to Blow it Financial Aid The Minuses of Parental Plus Loans


College Education Tax Deductions and Credits

by Kent on September 5, 2012

If you have a child that will be going to college, it is a good idea to become aware of the various tax credits and deductions that may be available to you. These have been around a while; they include the HOPE Scholarship Credit and the Lifetime Learning Credit created by The Taxpayer Relief Act […]


The Relationship of Education to Poverty

by Kent on March 27, 2012

Interesting article in the Atlantic: College costs continue to rise, outpacing inflation, yet the cost to them and society is astounding: College graduates earn 80% more than high school graduates If US raised education performance South Korea’s level US economy would improve by more than $2 trillion (same as Italy) The impact of a good versus average teacher […]


Student Loan Debt Tops $1 Trillion

by Kent on March 22, 2012

The Financial Protection Bureau recently reported that total student debt topped $1 trillion last year (2011). They report that some of the reasons for the rise is a lot of Americans returning to college, instead of staying in the weak labor market. Tuition increases have continued especially considering cuts in state funding. Also many parents […]


Federal Student Loan Repayment Options

by Kent on February 27, 2012

Week #4 of Dave Ramsey’s Financial Peace University: Dumping Debt was a great motivating lesson. Since that class I have received numerous questions about Federal student loans. Therefore I put together the following brief about Federal Student Loans various repayment options to foster your additional research and consulting with your advisors. Please keep in mind, this […]


Special Ed Tax Deductions

by Kent on November 13, 2011

The article Tax Report: Hidden Tax Deductions for Special Education, in the 11/13/11 Wall Street Journal highlights several tax breaks for students who fall into the “Special Needs Category.”  This article is worth reading if you have special needs children in your family, or you do financial planning or tax preparation for those that do.


The Shame of College Sports

by Kent on November 2, 2011

If you are a college sports fan and have wondered about how college athletics grew from its humble beginnings into a multibillion dollar institution of hype and controversy, you will want to read this article from The Atlantic: The Shame of College Sports. After reading this article, I conclude that college athletics are in need of a […]


Tax Breaks for Students –

by Kent on November 2, 2011

Most articles about college education planning provide valuable information for parents who are saving and investing for their children’s education, as well as various options for financial aid and student loans. However, what options are there for students that don’t qualify for aid and want to minimize student loans? This article in the Wall Street […]


Following Dave Ramsey’s “From Fruition to Tuition” class, people often ask me about the education savings accounts and 529 plans.  It seems there is a little confusion.  Briefly… The Education Savings Account (ESA) and the Coverdell Education IRA are one and the same. They are accounts that are set up specifically to fund college education. They are […]


How Does Obama’s College Loan Program Work?

by Kent on October 27, 2011

Obama mentioned that as of January 2012, student loan re-payments will be limited to 10% of income, and any left over balance after 20 years, would be forgiven. Sounds good, similar to the current plan that already exists for some loans and some non-profit employment situations after 10 years. So the new plan seems to […]


The New Rules of Student Loans

by Kent on July 3, 2011

Student loans underwent quite a bit of change last year as part of the health care bill that was signed into law, read more about this in the Wall Street Jornal article The New Rules of Student Loans.