Career changers - Using 529 savings for back to school? In ‘09-’10, computer-related costs qualify

In case you missed my recent ten timely tips newsletter… a special follow-up to career changers using 529 savings to cover back-to-school expenses: computer technology, related equipment and/or related services such as Internet access now count as qualified expenses. i.e. You can use tax-free dollars distributed from 529 plans to pay for these items.  The [...]

Controlling back-to-school costs: Part II, The Sequel

With this — the last post of Higher Ed month on the blog — I would be remiss if I failed to recognize the efforts of college planning expert Todd Weaver of Strategies for College, Inc., who helped me with valuable input on posts throughout the month. Many thanks, Todd!!
Last post, I promised to follow [...]

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, [...]

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 [...]

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 [...]

Facing a big college tuition bill post-pink slip? College planning experts discuss your options

Many of those unlucky enough to be laid off in recent months also happen to be the parents of college age kids with big tuition bills looming.  The ultimate double whammy!   If you’re in this predicament, you’re no doubt wondering: “What are my options??” 
Well, if you attended my presentation to the Network for Work group on June 25 [...]

Math 101 - Is back to school for you?

You’re right smack in the middle of a pretty successful career, but you’ve discovered that (rats!) it just isn’t what you want after all. You have a powerful urge to do something completely different. Chances are that “something” requires additional training. Ten years ago, I wouldn’t have even paused to do the [...]