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The Impact of Inflation on College Savings

The Impact of Inflation on College Savings

by Mitch St Thomas | Apr 29, 2025 | Tax Planning, Uncategorized

When surveyed by The College Investor (TCI), 75% of parents with college-bound children said that they are currently saving for their child’s college education. TCI also found that over 80% of parents are concerned about the impact of inflation on college savings. The...
College Savings and Divorce Planning

College Savings and Divorce Planning

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Jan 26, 2024 | Uncategorized

There can be issues with college savings that the spouses had initiated together even in amicable divorces, Divorce attorneys are legal experts but not financial aid experts. They may not be aware of all of the consequences of divorce on a child’s eligibility for...
Use the CSS Profile to Obtain Aid from Colleges

Use the CSS Profile to Obtain Aid from Colleges

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Oct 7, 2022 | Financial Aid, Uncategorized

Most families welcome financial aid from outside sources to help them pay for a college education. Although they may not accept all financial aid offered to them, they prefer as wide an array of choices as possible. Two important applications should be submitted by...
Using a CollegeSure CD to Save for College

Using a CollegeSure CD to Save for College

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Aug 16, 2022 | Uncategorized

According to the U.S. Department of Commerce, the cost of college tuition is 1,447% higher in 2022 than it was in 1977. During that time, tuition has experienced an average inflation rate of 6.28% per year, so a college charging $20,000 for four years of tuition in...
State Financial Aid Programs

State Financial Aid Programs

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Jun 17, 2022 | Uncategorized

With the cost of tuition sky-high and climbing, most families need to secure funds from external sources to help pay for a college education. The most easily accessible and largest source of financial aid is the Federal government, which awarded $46.4 billion to...

COLLEGE INTERVIEW CHECKLIST INFOGRAPHIC

by Micheal E. McKinnon, M.Ed., CCPS; College Planners of America, Ltd | Dec 27, 2017 | Uncategorized

COLLEGE INTERVIEW CHECKLIST College interviews are a great way to enhance your application. While often not mandatory, they may be right for you. An interview lets the school get to know you a little better, and vice versa. It also shows “demonstrated...
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Recent Posts

  • Overview of Federal Parent PLUS Loans
  • The Pro’s and Con’s of Private Student Loans
  • The Impact of Inflation on College Savings
  • Transferring Loan Accounts Damage Borrower Credit
  • Federal Student Loans: Resolving Delinquency

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