How to Maximize Your College Financial Aid Opportunities

College Savings

Photo: 401 (K) 2013 When it comes to saving for college, many of us focus on a dollar amount. And it is good to have a goal, whether monthly, annually or over a lifetime, for saving for your child’s college education. But what many of us don’t consider are strategies for maximizing financial aid for […]

Published or Updated: May 5, 2013

The Price for Living in a Good School District? $205,000

The Brookings Institute recently released a study (pdf) on the cost of housing in good school districts. The study was of particular interest to me because of a case I worked on in law school dealing with the inequality of public school funding. Basically, because schools are funded in large part from real estate taxes, […]

Published or Updated: April 3, 2014

The 35 Best Online Colleges and Universities

Education

Twenty years ago, the only way to obtain a college education was to do it the old fashioned, and expensive way.  Admittance to college came through the submission of an application through the mail (and usually with a check of $50 or more) and after completing your four year, 120 credit degree, you’re provided a […]

Published or Updated: June 6, 2013

How Much Should You Borrow For College?

Diploma

Igraduated from law school with $55,000 in school loans. It took me nearly 20 years to pay off that debt. And here’s the really crazy part of it all–many in my class had far more in loans, some exceeding $100,000. And this was in the early 1990’s! While my law degree has been very valuable, […]

Published or Updated: April 22, 2013

What Makes Ivy League Schools So Darn Attractive To Students?

Ivy League

Oddly enough, the schools that comprise the Ivy League, eight private institutions located in the northeastern United States (Brown University, Columbia University, Cornell University, Dartmouth College, Harvard University, Princeton University, the University of Pennsylvania, and Yale University) did not receive their name for academic reasons. The term Ivy League, or the “Ivies” was first coined […]

Published or Updated: June 23, 2011

Does an Online School Provide a Valuable Degree?

Online Education

There’s a saying in law that an oral contract is not worth the paper it’s printed on. In the same vein, I’ve been wondering just how valuable an online degree is. The question came up because my brother is currently taking classes with Liberty University’s online program. He’s very happy with the classes and technology, […]

Published or Updated: March 15, 2013

How to Consolidate Your Student Loans

Student Loan Consolidation

According to the Project on Student Debt, the average debt for graduating college students is $24,000 as of 2010. This marks a rise in the average debt compared to previous years. In 1996, the average was $13,200. The Institute for College Access and Success found that student debt is growing at an average of 6% […]

Published or Updated: June 6, 2013

Should Kids Save for Their Own College Fund?

college savings

Photo: half empty According to Fin Aid, a comprehensive source of student financial aid information, advice and tools, on average, college tuition tends to increase about 8% per year. An average 8% college inflation rate means that the cost to send a child to college doubles every nine years. Accordingly, for a baby born today, […]

Published or Updated: April 5, 2013

College Dropouts Hurt More Than Just Themselves

College Dropouts

Photo: JKD Atlanta If you or a family member has gone to college, or even so much as taken a look at possible costs, you know how much higher education can cost. Even in-state public tuition numbers are in the thousands of dollars, and private school annual tuition can approach or even exceed $50,000 per […]

Published or Updated: April 5, 2013