Archive | Money

The College Credit Card Scam

 It’s easy for parents to feel financially exploited when they send their kids off to college. The costs of a bachelor’s degree continues to soar far higher than the inflation rate. But what many families hadn’t bargained on is that schools are making packs with the devil, a/k/a credit card companies, to ensure that their […]

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Why Flying to College Can Be Cheaper

For lots of parents, plane tickets are the college deal breaker. Many parents balk at letting their kids attend any school that will require them to fly. I think this focus on airline costs can be unfortunate. Sure plane tickets are even more expensive than a year ago, but the important thing is looking at […]

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Borrowing for College the Smart Way

This is the time of year when college students and their families start signing loan papers. Lots of families take out loans to pay for at least a portion of college costs, but far too many don’t borrow wisely. I suspect that families are so relieved after surviving the college admission process that they often […]

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The Myth of Private Scholarships

When parents and teenagers start contemplating college costs, they often assume that applying for private scholarships is their ticket to shrinking costs. Unfortunately, they’re usually wrong. Frankly, only 7% of college-bound high school students win a private scholarship. Okay, okay. Admittedly, most teens don’t bother to apply, but even if a teen is an eager […]

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