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What are the Downsides to 529 Accounts?
When considering the best college savings plan, it's important to understand the pros and cons of a 529 account. If you've read any of my prior posts, you'll know I'm a big proponent of 529 plans. You can see more of the advantages and updates discussed in this post....
Student loans for trade school education
Trade school is an excellent way for students to gain specialized skills, which can lead to a secure career in the long term. But students often face a difficult decision: financing their trade school education by taking on considerable student loans. This post will...
Financial aid requirements: What you need to know
Financial aid can be a great way to help fund your child’s college education. But what steps do you need to take in order to determine your child’s financial aid eligibility? To get the most out of the financial aid process, it’s important that you understand how and...
What Happens if You Default on a Student Loan?
Recovering from defaulting on student loans can be a process, but not one that will be fatal to a financial future. While it's not ideal to default on a student loan, there are actions that can be taken to fix the default and get you back on track. For starters, the...