Student Prophecy – If you think education is expensive, try… well, education: Controlling back-to-school costs

“Sherrill is now working toward her fifth Ph.D. and appears to have her goals set as a career grad student.”  Or at least that’s what the Student Prophecy section of the Crimson Log, my high school yearbook, had predicted for me for 2002.  Well, it’s now 2009, and I’ve only gone back to school twice, [...]

529 plans not just for kids anymore: Career changers can fund their own back-to-school

So you’ve probably heard plenty about using 529 plans to save for your kids’ college costs, but what about you? If your desired career change requires a return to school, you can open and fund a 529 to get a tax break when paying for your own “qualified education expenses at an eligible educational institution.” (Click [...]

Back to school for a career change? Regarding financial aid, 2 students in family better than 1

If your career change requires you to go back to school right around the time another member of your family is also headed off to college, timing it such that you’re both in school at the same time might increase your financial aid eligibility. 
For example, in an earlier post this month, I linked to an article about [...]

Laid off or employed-but-worried? Webinar: Pink Slip Financial Planning, next Friday, 8/21, @ 1PM!

We interrupt the regularly scheduled Higher Ed month for this message, a follow-up to Pink Slip Lemonade month…
Next Friday, August 21, at 1 PM Eastern, I’ll be doing an encore presentation — this time via Webinar — of “Making the Most of Your Money: Post-Pink Slip and Beyond,” the talk originally presented at Network for [...]

New programs make federal student loan debt more manageable

Having trouble making the payments on your federal student loan? If your income is low relative to your debt (e.g. due to a layoff or difficulty securing full employment), it may be worth your while to look into Income-Based Repayment (IBR), a new way to make student loan payments more manageable. Our college planning expert [...]

New Career Change Story: For college planning expert Todd Weaver (@CollegeGamePlan), it’s all academic

This career change story comes from guest blogger and college planning expert Todd Weaver, Senior Associate with Strategies for College, Inc., our “go to” guy for August’s “Higher Ed” month.
Have you ever heard the phrase, “you can plan all you want, then life happens?” That’s exactly what happened to my family in the past year as I [...]

August is “Higher Ed” month on The Career Change Financial Planner blog

June’s Pink Slip Lemonade theme was so much fun, I’ve decided to do theme months as a regular occurrence on the blog.  Recently, the topic that keeps popping up is higher ed.  Whether it’s career changers needing more education to make the shift they want or parents facing kids’ college bills in the middle of [...]