What’s a 529 plan?
The 529 plan is a college savings plan designed to help families set aside funds for future college expenses. The 529 plan originate within states or institutions, rather than the federal government (such as with college loans). With tuition costs rising rapidly every year, states have created funds (the original model being Michigan) in which …Read more
Common errors when filling out FAFSA
According to the Department of Education, about 30% of all FAFSAs (Free Application for Federal Student Aid) were selected for verification, a process intended to help correct common errors. You really want to avoid these errors: of course, it can prevent you from receiving financial aid, but it can cost you time and energy even …Read more
Does accreditation matter?
If you’re deciding on colleges the most important task is to see whether the institution is accredited or not. If not, keep looking. Accreditation tells you if the school is legitimate or not. The most recognized type of accreditation in the United States is the regional accreditation; it is essentially the gold standard. Earning regional …Read more
What’s the ROI of a college degree?
Call it what it is: attending college is an investment. Hopefully it’s a good one, and we can help you with that, but in order to really understand the importance of Return On Investment (ROI) we’ll need to break down the term for how it applies in the education world. What is ROI? Understanding the …Read more
For-profit vs. non-profit schools. What’s the difference?
When you’re looking for a job, you may hear a term like “non-profit sector,” or maybe a place of employment describes themselves as a “corporate for-profit entity”. Well, what does that really mean? Doesn’t everyone want to make some profit? Even charities have to make money to do their work; why else would they be …Read more
Ranking best value colleges: an analysis
Whether you love them or hate them, agree or argue, college rankings are a part of life. They’re respected in the media; they’re taken seriously by students, institutions, and employers; and they’re an ever-reliable source of drama and anxiety. There’s no such thing as a perfect ranking; every ranking system has seen its data collection …Read more
What are the non-monetary benefits of attending college?
Student debt is a very real problem; for many Americans, it has become an unsurmountable barrier and a red mark on their credit. It’s understandable that prospective students and their families would ask themselves, “Really, do I need college?” No doubt, college graduates make more money than those without degrees – that’s backed up by …Read more
Is college still a good investment?
No one gets any payment or premium simply for finishing college. There is no reward, no pot of gold awaiting you, just a piece of (very nice) paper with your name on it. It’s up to you to actually make something out of that piece of paper. You get what you worked for – a …Read more
Are online degrees a good investment?
If you haven’t noticed, the online education sector is growing rapidly. This isn’t 2005. The stigma or skepticism attached to anything “online,” be it dating, working, banking, paying bills, or even schooling, are gone. There are definitely things to consider when choosing an online institution; you want one that fits your value system; one that …Read more
What is the value of college?
Everyone tells you to go to college. Everyone knows college is a good thing. It’s become so ingrained in our society that most of us don’t even question it. But what many of us can’t put our fingers on exactly what to value of college is. You may not know if you can afford to …Read more