If you have a child who’s heading off to college soon, you might be wondering how you’re going to pay for the costs. There are only six ways to pay, and most families will use a combination of some or all of them. Here’s a breakdown of the six ways to pay and some important things to keep in mind for each one.
Student Loans
Start Your College Financial Plan With These 5 Key Components
College financial planning ultimately comes down to figuring out how you’re going to pay for college. Typically this is the responsibility of parents.
There are five key parts to a good college financial plan.
9 Things You Should Know About Private Student Loans
Some families use government loans to help pay for college, but they might not cover all your costs or provide the best possible interest rates. In this article, we’ll explore private student loans, how they work, and how to determine if they’re a good strategy or alternative for your family.
New Rules for Federal Student Loans and Financial Aid (2025-26)
Significant new rules changes are going into effect in 2025 and 2026 for federal student loans, financial aid, and Pell Grants. Here’s what parents and families need to know about these new changes and how they might impact your student.
10 Things Parents Should Know About PLUS Loans
Every parent should know about PLUS Loans. Here’s how they can help fill the gap that financial aid doesn’t cover and even cover your entire college costs. Almost any parent can qualify, so read my article to learn more.
Learn from This Family’s BIG College Financial Mistakes
Parents never want to let their kids down, but it can easily happen when it comes to college and financial aid. If you make bad financial assumptions and don’t do your research, you can end up ruining your child’s college dreams. That’s what happened to one family that came to me after they made some huge mistakes and learned the hard way. But here’s how you can avoid doing the same thing by taking the right steps right now.