Celebrating 529 Day – Boost Your College Savings
As higher education costs continue to rise, finding effective ways to save for college becomes increasingly important. May 29 (5/29) is a national day of awareness for 529 college savings plans. It’s a day to reflect and a reminder for families to evaluate their education...
Borrowers in Default on Federal Student Loans Face Imminent Collection Efforts
On April 21, 2025, the U.S. Department of Education announced that it will resume collections on defaulted federal student loans starting May 5, 2025. The federal government hasn't collected on defaulted loans since March 2020. Here is some background followed by answers to questions about...
The New Era of 529 Plans: Maximizing College Savings Flexibility
The educational investment landscape has witnessed a remarkable transformation in recent years, ushering in a new era where 529 plans have become more adaptable and powerful than ever before. These tax-advantaged savings vehicles, once strictly limited to traditional college expenses, now offer families unprecedented flexibility in...
How to Manage Student Loan Debt While Planning for the Future
For many Americans, student loan debt is a heavy financial burden that follows them well into adulthood. As of mid-2024, student loan debt in the U.S. stood at an eye-popping $1.74 trillion. This reality can feel daunting, especially for recent graduates eager to build their financial...
Scholarships vs. Grants: How to Maximize College Financial Aid Opportunities
The cost of higher education continues to rise, leaving many students and their families searching for ways to fund their academic dreams without accumulating overwhelming debt. Scholarships and grants are two of the most attractive financial aid options because they provide free money that doesn’t need...
Financial Aid Awareness Makes Higher Education More Accessible
February is Financial Aid Awareness Month, a time dedicated to informing college students about the many opportunities available to make higher education more accessible and affordable. The cost of attending colleges and universities has skyrocketed over the past few decades. The average cost of college...
Planning College Costs as Newlyweds
As young couples embark on the journey of marriage, many financial decisions must be made. One of them is funding higher education for future children. With the right strategies, newlyweds can proactively approach college savings, setting their families up for long-term success. What are the emerging...
The College Enrollment Cliff: Planning Your Family’s Educational Future
American families planning for their children's education face a dramatically shifting landscape in higher education—the enrollment cliff leading to a projected 15 percent decline in U.S. college students between 2025 and 2029. Understanding the Enrollment Cliff The term "enrollment cliff" refers to an anticipated sharp decline in college-age...
College Savings for 2025: Tips and Strategies
As higher education costs continue to rise, saving for your child's college education has become an increasingly important financial priority for many families. Whether your child is just a toddler or is already in high school, it's never too early or too late to start...
The Value of a Year-end Investment Review
As we approach the end of the calendar year, the financial landscape continues to present investors with both challenges and opportunities. An investment review and a disciplined approach to diversification can help weather market volatility and capitalize on opportunities as they arise. The Importance of Diversification Diversification...