Archive | College Savings

Erasing College Assets With Life Insurance

Today I’m sharing an article that Stephanie Hancock, CFP, who is a financial aid expert at College Aid Consulting in Los Angeles, wrote about the potential dangers of  using life insurance to hide assets. What families, who are eager to qualify for more financial aid, don’t understand is that insurance agents, who are suggesting this [...]

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Look Who Is Borrowing the Most for College

The unrelenting cost of college is hitting upper-middle-class families hard. According to a front-page analysis today in The Wall Street Journal, it’s these families who are experiencing the largest rise in college-loan debt. In its analysis, the newspaper categorized upper-middle-income as households with yearly incomes in the 80th to 90th percentiles that range from $94,000 [...]

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