Tackling Student Debt and College Savings Plan Myths
The cost of a college education continues to rise, and along with it, student debt. Roger Michaud, senior vice president and director of college savings for the Franklin Templeton 529 College Savings Plan, and Mike O’Brien, director, Program Marketing, Global Client Marketing, look at how mounting student debt could have a long-term impact on one’s future.
Financial Wellness: Are College Costs Impacting Your Retirement?
Recent statistics on student loan debt have found some rather alarming trends. Not only are many parents prioritizing the financing of college for their children over their own retirement, but some are still paying off their own student debt—even into their 60s. Franklin Templeton’s Mike O’Brien, Roger Michaud and Drew Carrington sat down to discuss the intersection of college and retirement savings goals, and how employers are actually offering some solutions to help manage both.
Invite Education offers this blog at MyCollegeCorner.com for families who are saving, planning and paying for college. Content includes written articles and radio interviews that offer tips and advice on topics such as the benefits of 529 plans, how to avoid student loan debt, and many other topics to help parents and students make better, more affordable, college choices.
Description: The blog addresses the specific needs and concerns of advisors and institutions who sell and service families and employers in the education financial planning process by creating and sharing industry relevant news, product training and best practices.
How We Save for College: Tips from MEFA Team Members
MEFA staff members share their tips on saving for college, including using a college savings account, starting small, and involving their children.
Best Ways to Save for College
Read our steps to help you develop a savings strategy and decide on the best way to save for your child’s college career.
The Truth About Saving for College
We dispel several myths about saving for college — and give you reasons to be optimistic.
College Savings Tips
These tips on saving for college can help you make progress toward your goals — and might even inspire you to think of other ways to save.
The Best Tools to Help You Save for College
We provide you with tools and resources to help your family develop a plan for funding future college costs.
How You Can Plant and Grow a 529 College Savings Plan
Saving in a 529 plan is one of the best ways to save for college; it offers flexibility, it can be used at any accredited school in the nation, and it offers powerful tax advantages.
What Can I Use My 529 Funds For?
529 plan funds can be used for expenses related to enrollment or attendance at an eligible college or university, including tuition and fees, room and board, technology, and books.
How Much Should You Save for College?
Each family needs to determine how much to save for college based on their own circumstances, but there are certain guidelines that everyone can follow.
The proof is in the numbers: saving for college adds up
Learn just how powerful an impact saving for college can have on your future finances.
Saving big with the U.Plan: One family’s story
Learn about how dedicated savers in the U.Plan for over 20 years were able to use their savings to pay for college.
The SECURE Act Expands Use of 529 Plans
The 529 SECURE Act just signed into law makes an important change to how 529 college saving funds can be used.
How to Set up Online 529 Gifting in 4 Easy Steps!
If you have a U.Fund 529 plan, you can easily set up a gifting page where family members and friends can contribute. Sit back and watch your college savings grow.