College Savings
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Upper-classmen? Study shows colleges taking from the poor, giving to the richIn what is being called a 'dramatic shift,' colleges are offering generous financial aid packages to wealthier students and shortchanging poorer ones. | The Road to Tuition States with the best 529s
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Cash rolling into college savings plans as loan debt soars, Morningstar saysThe nation's $1 trillion student debt problem may have a silver lining. More families seem to be socking away cash in tax-free accounts for college expenses. The nation's 86 different 529 college savings plans had a total of $166 billion in assets through 2012, up 25% from the end of 2011,
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Life insurance a lifesaver for college?
Parents worried about how they will afford the soaring cost of college for their children are being steered by some financial advisers in a surprising direction: life insurance. Life insurance that carries a cash balance that can be pulled out and used to pay for higher education offers tax
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Direct-sold 529s could put brokers at risk: MSRBBoard looking at whether suitability applies; rule change would get industry 'up in arms'
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Advisers recommending direct 529s — and foregoing commissionsMost financial advisers recommend their clients invest in direct-sold 529 college savings plans even though they don't earn a commission trail like they would by putting clients into adviser-sold accounts. About 60% of all financial advisers and 84% of those who are registered investment advisers
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New family tradition: Not opening a 529Miniscule percentage of households have put money into college savings account, GAO finds
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Opinion: Why for-profit colleges may not be for your kids - InvestmentNewsCheckered history of such institutions marked by high tuition, low graduate rates
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College tuition, fees way up — but financial aid isn't - InvestmentNewsNear 5% hike in 2012, far outstripping inflation; burden being shifted to parents
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Glimmer of hope as tuition hikes slow
A little bit of good news for families set on sending their kids to private colleges: Tuition increases are slowing down.
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529s star on big screen
The College Savings Foundation is using CBS' enormous screen in Times Square to urge Americans to save for their children's college education by funding Section 529 college savings plans.
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Glimmer of hope as college tuition hikes slowCosts at private colleges up 3.9% this year; average sticker price now at $38,589
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Helping ease pain of college debt
Nearly one of five U.S. families has outstanding college debt, with the average amount at $27,000 in 2010, up 14% over the previous three years, according to a new Pew Research Center report.
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College savings on the rise — but amount still is punyHigher percentage of parents now say they've put away $5K for kids' education; costs of private university can exceed $50K a year
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Bum's rush week? Colleges force freshmen abroad to max revenuesU.S. colleges including New York University and Northeastern University are pushing freshmen into study-abroad programs -- before the students even set foot on campus -- to enroll larger classes and get more tuition dollars.NYU and Boston-based Northeastern, which both charge more than $50,000 a
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Ivies' endowments growing — but schools pruning financial aid anywayFoundations can't cover rising tab of grant programs, say Cornell, MIT; squeeze is on
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@IN Wire
