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Distance Learning College
You might be at a crossroads in your life. You might realize
that you need your Associate's degree or Bachelor's degree to
land that exciting and high-paying job you have always wanted.
You might realize that you need your Master's degree to...
Free NFL picks, free College Football Picks
NFL this week -ecobika-
WEEK 8 PICKS
WASHINGTON REDSKINS @ NY GIANTS Su Oct 30 - 1:00 pm EST/17:00 GMT Last week we cashed in with Denver (+1.5) in their NY win, but don't feel as if the Redskins will offer as much of a challenge this week,...
Paying for your Child's College Education
This is probably the most intensive short-term cash drain on any family's finances. Unlike most other big- ticket items, such as homes or automobiles, that can be paid off in monthly installments, college tuition must be paid out over a relatively...
The Girl in My College
Love. What is it? the sweet sayings? the kisses? the romance? or maybe, the sex? No; it is not in any of these! And mind you, it is not deceit either. Or promises made and not kept. Yes. I call it sincerity and understanding. There are girls...
Tips On College Selection
It is highly recommended that early in the college selection process, parents and student(s) visit some schools to determine if they’ll be suitable. The criteria that must be considered before any college is applied to include: •Average GPA, SAT I,...
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College Tuition Prepayment Plans Stumble
Perhaps the most heartbreaking casualties of recent stock market performance are the 20 state-sponsored college tuition pre-payment plans throughout the country. With college costs continuing to grow at a pace of about 9% per year and investment returns on plan assets being flat or negative, the sponsors of the various prepaid tuition programs now project long-term cash shortages.
Investors in the program thought that they had purchased “paid up” tuition credits under the program, regardless of the future rise in tuition costs. But now states anticipate notifying investors hat the plan cannot meet its projections, and so the investors must “pay up” by making additional investments or bail out of the program. Colorado has already notified investors of the
default and other states anticipate similar actions in the future. Other states are considering more creative options. Most plans agree that the growth of plan assets will not keep pace with college tuition inflation over the next decade.
Investors are irked because they thought that these plans represented a guarantee backed up by the sponsoring state and are shocked to learn that this is not the case.
Of course, a recovery of the financial markets will greatly help ease the burden, but many investment advisers do not expect that to happen in the near future.
About the Author
Tony Novak is an independent writer and financial adviser in Narberth PA who provides OnlineAdviser services through MedSave.com and FreedomBenefits.org.
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