College Planning
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Parents still invest most of the money in college savings funds, but grandparents' contributions now make up about 9.5 percent of the total, new numbers say.
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Parents still invest most of the money in college savings funds, but grandparents' contributions now make up about 9.5 percent of the total, new numbers say.
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The federal government offers a variety of tax breaks to lessen your burden, but you may need a high-priced education just to figure out how to write it off.
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NEW YORK, March 12- Assets in 529 plans climbed to nearly $200 billion in 2012, but the number of families drawing from their accounts to pay for college was just a fraction of the growing student population, according to a report on the plans released on Tuesday by the College Savings Plans Network.
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Admissions officials can usually figure out fairly quickly who needs aid and who doesn’t, but they rarely force you to compete against those outside your income bracket, college counselors say.
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More families are currently saving for their retirement than for their children's education, according to a new study by Sallie Mae. CNBC's Sharon Epperson reports on what happens when money is taken out of a 401(k) or an IRA to pay for college.
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Paying for your child's education is a laudable goal, but may not be realistic for some parents who could wind up jeopardizing their own financial future in order to put their children through college.
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Billionaire Graham Tuckwell has announced he's giving $50 million for college scholarships. CNBC's Robert Frank reports Tuckwell thinks the money would ruin his own kids.
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Hidden in our convoluted tax code are rewards for saving for retirement, looking for a new job, going to college -- even getting a new pair of glasses.
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CNBC's Rick Santelli talks with Richard Vedder, Center for College Affordability & Productivity, about where the money is coming from to pay huge salaries to some academics to run universities.
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A recent study found kids may not need all four years of school to get ahead. Some students who received two-year degrees earned more than their four-year counterparts. Whoa, does Ferris Bueller know about this?!
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CNBC's Larry Kudlow reports BP is temporarily suspended from new U.S. contracts; and Ron Meyer, American Majority Action discusses whether the student loan bubble is about to pop.
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Millions of parents who have taken out loans to pay for their children’s college education have since fallen on tough times because of the recession, health problems and job loss.
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A study of college freshman shows that 86 percent want to be financially well-off -- up more than 10 percent from last year.
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Critics say President Obama’s policies on expanding aid to college students are too costly, often assist the wrong people and could have the paradoxical effect of driving up tuition prices.
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The average college student who graduated in 2011 had $26,600 in student loans, according to a new report, which estimates two-thirds of last year’s college graduates had student loan debt.
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A new quarterly survey of U.S. banks’ risk managers finds that more than six in 10 expect student loan debt delinquencies to increase in the next six months. Only about 13 percent expect delinquencies to decrease.
