Many college -bound students are finding ..... Kaplan, author of How to Go to College for Almost Free, about how to take on the challenges of payingforcollege today and securing your collegetuition . Things to Consider When Seeking
CDs including how to go to college for almost. Free he's ..... instantly put himself through college with scholarships Then how ..... decide that came out from tuition stat com. at 60% of people who are seeking college financing for this year
there are a lot of people out there. Ready to go to college to who have found that that the market for financial aid particularly those private loans is now what He used to be let me just tell everybody a little bit of value. Danny is the author of twelve books and CDs including how to go to college for almost. Free he's that 250000. Copies of that book in -- You can find him on the land at scholarship -- dot com and He not instantly put himself through college with scholarships -- Then how do you assess the situation I mean you're only 29 years old but it the ever seen
September. A survey that I -- I decide that came out from tuition -- stat com. -- at 60% of people who are seeking college financing for this year. Are still waiting to hear back on on their loan applications and many of them will not be
When it comes to collegetuition costs, the numbers ..... numbers from the College Board. If your ..... recently said payingforcollege was their number ..... about whether payingforcollege will fall on ..... are saving for tuition (financial planner
higher education continues to rise, leaving some college -bound students and their families in a pinch. Jean ..... Holler of Sallie Mae about different approaches to payingforcollege , including need-based grants, scholarships, federal
pending when it comes to. Payingforcollege you actually had some ..... and it's called the college cost reduction act ..... this is free money for college . So that it's basically ..... years in the meantime. Tuition for four year public ..... to me at the price of college keeps going so much
-- weeks we're talking about legislation that's pending when it comes to. Paying for college you actually had some legislation that has passed and it might provide some relief. Four people out there who are trying to put their kids through school can you explain what's been happening. Sure they held their return 2669. Actually passed it and it's called the college cost reduction act. And it's now on the senate incentives have agreed to take it up. Well here's who we thought we
have to be paid back. -- so this is free money for college . So that it's basically free money if you qualify to apply to -- increased. The amount of money in the program it has been stagnant at -- or 1050. Dollars a year been like that for the last five years in the meantime. Tuition for four year public colleges have grown 35%. Last five years. It's -- to me at the price of college keeps going -- so much faster than the rate of inflation three times the rate of inflation when his second. Well as
families and for students that we get a good education go to college . It's education they need these very. Productive members of our society we're just trying to Obama actually isn't really the largest investment
We are back on a -- friends except 156 talking about paying for college -- -- years paying for college -- -- broke paying for college . Without pulling out your hair which is is very different called. Question for a lot of parents -- these days you know I am talking with doctor Michael Franz levs is here with me in the New York studio we talk about this all the time and for people of of my generation. What we're faced with trying to pay for college and trying to pay for retirement on -- and at the very same time and need to -- and older parent into the next particularly for people who had their kids late. You could be hit with three. Big financial obligations all of the same time so how many swing men and we're. Does it fall -- the hierarchy shake out for year which comes first retirement or college . Well for me that's. I'm I've. I -- three children through college and -- I'm trying to help with my grandchildren. I feel my my kids -- in the sandwich generations what really what you're talking about. I think that if you don't think about the simultaneously. You have a disaster looming. The wonderful news this is really possible. To use some of the same strategies that will. Help you with your retirement to pay for college have to be smart about it for example. The life insurance that protects your plan if it's there if it's permanent insurance can also fund college if you have time to build a cash reserves. And then when you pass away you know the money back. -- so this it's a multi body problem it's not a simple problem but if you start early you can take the steps that you need to take. In my in my book -- I have a 22 strategies. To reduce the cost of college and another eleven strategies. To actually increase your Friday had financially potential the world we were talking about before is particularly dear to my heart. My wife teaches at an excellent community college in Westchester west this community college and and palm. That's an open admission school what it means it means anybody can get in okay -- -- tuitions a couple of thousand dollars a year and if you understand how. -- the tax favors -- By the hope scholarship in the lifetime learning credit work. A you can actually get a tax credit for a lot of that tuition rate. The -- credit actually provides it to thousand dollars in the first two years of constant -- and as a lifetime learning credit 15100 right I actually sent. Yeah so that a family that's paying taxes or an independent and can actually. Pay part of that or almost all of that cost. With government money if they're earning money. So now kids go to the two year college . And if they do well when they -- a certain number of credits they automatically get admitted to us a state university. A campus which are hard to get into my daughter went to Binghamton He needed in 93 and a half average back twenty years ago. The very very competitive and there are very excellent. So you go to the community college in you season yourself and -- fighter who you war -- you really want to do your parents have not wasted two years of that's expensive tuition . Because the dropout rate is 54% of this. -- right which is astounding to me that. Not only -- the dropout rate 54%. After a couple of years in college but so many kids these days are taking five years even six years to finish -- -- that four year tuition cost an add another 25% it's amazing and the numbers I don't know them off the top of my head but I
-- high school in Brooklyn many of my friends -- a year college credit by taking all those very different courses and pass the exams. And and so they ended they ended up paying for three years -- four years of college . You can also take a community college courses or other college courses in the summer. That are very inexpensive and -- most universities except those credits no you have to be careful you have to -- -- -- -- nothing is simple -- it. It's it's it's civil that is not easy you have to know what you're doing. So you can actually earn college credit in in high school. And if you can take an extra load and I have friends and at Columbia who with taking a year and a half's worth of load in one year they were really good scholars and they graduated early. All so that's the X that's the acceleration armed strategy these rural strategies the first set of strategies are ones that allow you maneuver within the system. We'll change residency talk about changing residency to get into a good -- college I I have friend. In high school who went to -- school in California and He get that he'd moved He graduated from college at Indiana University moved to California. Got a jab for a couple of years established residency and then went to a fantastic.
giving them the responsibility of payingforcollege . "You are teaching them responsibility ..... around it or feel too guilty not payingforcollege , Jolie says to save for retirement ..... young. Then, when they reach college age, put the brakes on for
market? Will you be able to afford your child's collegetuition ? Who better to answer these questions than Suze ..... you may have about credit, savings and spending, payingforcollege , retirement, real estate and protecting your family
re gonna have trouble getting raises this year or payingforcollege or retiring all of that is is incredibly stressful ..... the next one to three years to make a payment on collegetuition or on your house or your car or or. Even take it
Our December issue features Oprah's Favorite Things—as well as your chance to win them all! You'll also find our easy holiday declutter plan, Dr. Oz's guide to sleeping better (starting tonight) and the ultimate holiday menu.