What’s the best way to save for your children’s college educations? These articles discuss the cost of a college education, how to develop an effective college savings strategy, and how to find funding sources.
On this week's show, Ilyce talks with Ralph Roberts, an agent who has helped more than 10,000 buyers and sellers sell their home and has purchased, flipped or rented another 2,000 homes for his own portfolio. Ralph joins Ilyce to talk how to find a good foreclosure investment property and what mistakes not to make. Later, in the program, Ilyce spends a few minutes with Joe Hurley, founder of the SavingForCollege.com website and her favorite 529 college savings plan guru. All this and answers to your questions on this week's Ilyce Glink show.
When homeowners find themselves lucky enough to have extra money, what is the best investment route to take? Deciding what would be the best investment requires prioritizing. A second home, the stock market or Roth IRAs are only a few investment options.
Paying for college may include a combination of student loans, grants and scholarships. In some cases, parents are willing to take out loans towards their children's college educations as well. Parents who want to borrow money to pay for college can take out PLUS loans, which begin accruing interest right away. In addition, the first payment toward a PLUS loan must occur within 60 days of the PLUS loan's disbursement.
When you're paying for college you'll likely have a combination of student loans, grants and scholarships. One type of student loan to consider is the federal Stafford loan. Banks issue federal Stafford loans in either subsidized or unsubsidized options. Learn about how Stafford loans work so you'll know how to pay for college.