Archive for the ‘The financial insider’
Is a College Degree Really Worth the Money?
Today we have a guest post from Josef Katz from Straighterline, a company that offers a new way to complete your required college courses online with convenient and affordable online college courses that you can take on your own schedule.
A new report from the U.S. Census Bureau predicts that the more you learn, the more you will earn during your working career:
• High school graduates will earn an average of $1.2 million over their careers
• College grads with bachelor’s degrees will earn $2.1 million
• People with master’s degrees will earn $2.5 million
• People with doctoral degrees will earn $3.4 million
• People with professional degrees will earn $4.4 million
Source: The Big Payoff: Educational Attainment and Synthetic Estimates of Work-Life Earnings
Photo by gadget dude
College Taxes: Beware of 529 Plan Taxes
Today we have a guest post from Lynn O’Shaughnessy.
O’Shaughnessy is the author of The College Solution, an Amazon bestseller, and she also writes a college blog for CBSMoneyWatch and TheCollegeSolutionBlog. Follow her on Twitter.
Ever hear about college taxes?
No this isn’t a joke. If you aren’t careful you could owe college taxes on your 529 plan.
Nobody tells you that you could ultimately owe taxes on a 529 college plan, but plenty of people discover this nightmare during tax season.
Student Loans: To Borrow or Not to Borrow
Due to the rising cost of college, over 70% of college students now consider taking out student loans. While these numbers are a sad reflection of the cost of college, the fact is that student loans are very good debt to have. (more…)
Recession 101: College Applications and Shallow Bank Accounts
During this time of economic volatility, we are all beginning to realize that life as we know it will forever be different. But that doesn’t change the ever-present questions on the mind of most high school seniors: What are my college options? What colleges should I apply to? Do I want my parents to foot the bill for an expensive education?
So what exactly should you do to gain access to the best college opportunities during this uncertain time?