This Financial Advisor IQ article is a brief description of the issues that financial advisors face working with younger adults. Up to 70% of recent college graduates have student debt according to the article. This becomes an important part of planning for younger people since it will impact the amount they will be able to…Details
The US News & World Report article on how college saving plans impact a family’s Expected Family Contribution (EFC) is helpful. There is a great deal of confusion on how assets are counted in the financial aid process. This is especially true with college saving plans since the student is the beneficiary of the investment…Details
A NBC News article addresses the tuition increases many families are facing. New Strategies for Tuition Panicked Parents helps families understand how to pay the tuition. Many of these strategies are not told to you by the colleges. The college financial aid offices cannot legally discuss some of these options since these strategies become financial…Details
The increase in student loans is becoming a growing concern. Many feel there is a student loan time bomb approaching. Proper planning on how to borrow money for college and knowing your repayment options can save you thousands of dollars over your life time. This articel appeared in the Financial Advisor Magazine.
Financial Aid officers are limited on what they can recommend on how to pay for college. We will discuss the financial aid process, financial aid forms, Expected Family Contributions Calculation (EFC), tax incentives, private scholarships and more. This is a video at one of the public high schools that does a series of college planning…Details
So many families are financing a bigger portion of a college education. Understand how the different student loans work and are paid back is becoming an important part of how to pay for college, the best way. Knowing the various student loans and repayment options, along with the loan forgiveness programs are available can help…Details
Fred was quoted in the Las Vegas Review Journal article titled, “Debt Dip Spells Housing Gain”. This article gives insights into how student debt may impact the ability of young adults to purchase a home. Proper planning is required and selecting the lowest payment may not always be your best long term solution. If you…Details
Fred Amrein has been quoted in the 10/23/12 article, “Adviser Gets Couples to Borrow Early for College” written by Jacob Levenson. This Wall Street Journal article states reasons why parents should have their child borrow the federal student loans early in their college career rather than later. This reasoning goes against most common sense on borrowing money.…Details
Parents are looking for the best way to save for college and at the same time save for retirement. This presentation will give a brief overview of the financial aid process, financial aid positioning, and the various college saving options while keeping retirement in mind. This is a video at one of the public high…Details
A short interview filmed for NBC 10 in Philadelphia on student debt, student loan repayment and the risk of default. Tracy Davidson interviews Fred Amrein on Student Loan Repayment Risk.