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A recent CNBC article reveals just how concerned couples are about their student loan debt. The article 1 in 8 Divorces Is Caused by Student Loans is stunning and points out how these debts need to be talked about more seriously and more often.
We pull back the veil of higher education savings to help you prepare for your child’s education path. We discuss higher education plans like 529 plans and Coverdell ESA, as well as financial aid programs such as FAFSA, MEFA, and federal/private loans.
Millennials do things a little differently from the previous generation, and that includes their financial habits. Twelve Points Wealth Management has two quick tips to help Millennials make the right decisions.
There’s been some talk during the current presidential campaign about making public colleges tuition-free. It makes a good soundbite but it’s not going to happen anytime soon. College tuition will remain the second largest personal expense after one’s home.
You’ve heard it many times before: college costs continue to increase while recent grads owe record high amounts in student loans. It truly is a balancing act to be able to pay off all your monthly expenses while still saving for retirement
Millennials (people now in their 20s and early 30s), who outnumber Baby Boomers in the U.S., have been saddled with $1.2 trillion in student debt. According to a recent article in The Boston Globe, the average student debt in the U.S. has increased 60% from $18,000 to $27,000 since 2007.
