When it comes to saving for college, a popular option for parents today is to open a 529 plan — and for good reason. Unlike other savings accounts, a 529 plan has many benefits and tax advantages that make saving for college tuition and other expenses easy and well-worth it. Here’s everything you need to

It’s the moment you’ve been saving, budgeting and planning for since the day you threw your graduation cap in the air: your student loans are finally paid off! It’s an accomplishment that you should be very proud of, especially considering that 44.5 million Americans are currently carrying over $1.5 trillion in student loan debt. Student

If you will be sending the kids in your life off to college next year, then you are probably getting ready to file the Free Application for Federal Student Aid (FAFSA®) form next week. According to their website, submitting the FAFSA form gives applicants “access to the largest source of financial aid to help pay

The first step on your campus as a college freshman is a momentous occasion. You’re ready to take on the new responsibilities and opportunities that the next four years will bring. If you’re planning to work on or off campus, drive a car or even just grab a slice of pizza every now and then,

With classes reconvening in a matter of weeks, now is a good time to talk to the college-bound students in your life about spending money wisely. Whether entering their first year of undergrad classes or final semester of grad school, students can easily get carried away with spending money while balancing a syllabus and a

If you are a recent college graduate, you are standing at the precipice of lots of big life changes. You are figuring out how to live independently, how to spend and save money and what you want to do with your new degree. And if you took out student loans to help you pay for

Once the last cap is tossed and commencement speech concluded, it’s official: you have graduated. Congratulations! With degree in hand, you have a world of opportunity open to you, but you likely still have much to learn about how to manage your expenses and savings. What do you absolutely need to spend and where can

According to the Education Data Initiative, the average Class of 2022 graduate has $32,300 in student loan debt. Currently, Americans owe nearly $1.3 trillion in student loan debt, spread out among about 43 million borrowers. If the numbers aren’t bad enough, student debt load isn’t just a big financial burden, it’s forcing graduates to put

According to the College Board, the average cost of tuition and fees for the 2021–2022 school year was $38,070 at private colleges, $10,740 for state residents at public colleges, and $27,560 for out-of-state residents attending public universities. Should your child or favorite niece get an acceptance letter from Yale or another elite school, that price