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How Inflation Affects College Tuition

How Inflation Affects College Tuition

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Mar 20, 2022 | Financial Aid

In the Opinion section of the March 1, 2022, edition, the Wall Street Journal ran an article titled “How Inflation Affects Universities: Rising Tuition Is a Concern for Students”. Yet on December 2, 2021, Forbes had run an article titled, “Why College Tuition Is...
Be Ready for Loan Payments to Resume in May

Be Ready for Loan Payments to Resume in May

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Mar 16, 2022 | Financial Aid

On December 22, 2021, U.S. Department of Education extended the COVID-19 student loan repayment moratorium through May 1 of this year. The moratorium has been providing the following relief measures for eligible Federal student loan holders since the enactment of the...
Mistakes in Financing an Education

Mistakes in Financing an Education

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Jan 25, 2022 | Financial Aid

Some parents view the need for student financial aid as a sign that they haven’t earned enough money or didn’t do a good job of saving for their child’s college education. It’s important for these parents to realize that the cost of college tuition has been spiraling...
Financing Education with UTMA’s

Financing Education with UTMA’s

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Jan 11, 2022 | Tax Planning

The Uniform Transfers To Minors Act (UTMA) is a law recommended by the National Conference of Commissioners on Uniform State Laws in 1986 and subsequently enacted by most U.S. states. It provides a mechanism under which gifts can be made to...
Colleges Value Demonstrated Interest

Colleges Value Demonstrated Interest

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Dec 29, 2021 | Admissions Tips

While colleges want to love you as an applicant, they may also want proof that you love them. They favor applicants who are likely to accept an offer of admission and to enroll in their institution instead of another to which they’ve also been admitted. The percentage...
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