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If you’re in the throes of college research and decision-making, it’s likely that how to pay for college is a huge consideration. And because things have changed so much economically over the last 25 years, some say that today’s young adults, those classified as Millennials, have a lot more to think about than their Generation X parents did.
Tags » Student Debt
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“I want to go to University of Miami, because they have an awesome football team,” my daughter, then a junior in high school, announced. “Julie’s going there and I think I can get in, too.”
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As a financial adviser, I’ve seen a variety of mistakes that parents and students make when it comes to missing ways to lower college costs. Some of the most common errors involve how and where money is saved.
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In addition to final exams, college students have something else to worry about this time of year: their financial aid for spring semester. While financial aid is generally calculated and scheduled in the fall for the full year, a student’s actions – or inaction – can cause that aid to be canceled for the spring.
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Choosing a college major is a big decision that—if made hastily—can land you in an unemployment line, back in school, or working in a career you chose for the wrong reasons.