Paying for college - Nerdwallet

Paying for college

Saving and paying for college is a complex process. It can involve student loans, college savings accounts, and more.

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Linda Jacob
Linda Jacob
CFP®, AFC®
Pleasant Hill, IA
5 recent answers
J.K. Roberts
J.K. Roberts
CFP®, CRPC
Phoenix, AZ
4 recent answers
Adam Harding
Adam Harding
CFP®
Scottsdale, AZ
2 recent answers
Jeff Rose
Jeff Rose
CFP®, AAMS
Carbondale, IL
2 recent answers
Joe Allaria
Joe Allaria
CFP®
Edwardsville, IL
2 recent answers
All Questions: Paying for college
NewPosted April 30, 2016 · Atlanta, GA

Congratulations on your graduation! Based on the amount of savings that you have, there's no reason why you can't tackle all of your goals. Unless y...

NewPosted April 26, 2016

There's no single correct answer to this situation, as the tradeoff is in comparing the guaranteed growth rate of the outstanding mortgage balance (wh...

NewPosted April 26, 2016

Thanks for your question. You are on the right track thinking about these things. The next 20-25 years will be crucial for you and your husband in pre...

NewPosted April 26, 2016
J.K. Roberts

J.K. Roberts

CFP®, CRPC

Working with an advisor is your best option, considering the limited amount of info we can get from this question. I'm going to take the information ...

NewPosted April 25, 2016 · Boston, MA
Jeff Rose

Jeff Rose

CFP®, AAMS

You can, but I hope you understand that any type of debt consolidation is mostly about moving debt from one loan to another. Borrowing against your ho...

NewPosted April 24, 2016 · Boston, MA
GreenPath (NFCC)

GreenPath (NFCC)

NFCC Certified Credit Counselor

If you can figure out a way to avoid reducing the 401k contributions and make cuts in other areas of the expenses, then I would suggest that first. ...

NewPosted April 24, 2016
Kathryn Hauer

Kathryn Hauer

CFP®, MBA, EA

Hi! Thanks for writing. Marc’s answer is great. I would like to add to it, first by saying “Way to go!” You guys are doing great, and you’ve follow...

NewPosted April 23, 2016 · San Francisco, CA
J.K. Roberts

J.K. Roberts

CFP®, CRPC

The first thing to do is come up with a goal for the money. Depending on what you come up with, investing may or may not be for you. If your goals a...

NewPosted April 22, 2016
Mark Smith

Mark Smith

CFP®, CPA, ChFC, CLU

In general, it would be best to keep in their name. Of course, it is up to them since they own the asset. If you are or may become eligible for need...

NewPosted April 22, 2016
J.K. Roberts

J.K. Roberts

CFP®, CRPC

Based on your question, I assume you're a strong enough saver to have an emergency fund set aside. If you're looking to save additional money in a ta...

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