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Despite the Credit Bubble
By Staff Reporter Ashley
As most all MDs and Financial Advisors are aware, financial aid is one of the determining factors in where students attend college. It could either make or break their dreams. And, we are aware of some students who’ve been blessed with a sufficient amount of financial aid to attend a college they never imagined themselves going to, rich or poor, affluent parents or not.
The College Credit Bubble
And, believe it or not, those who are financially capable to pay for college – like the offspring of some medical professional and FA parents – are often still eligible for financial help. But beware – if this sounds too good to be true?
We’ve written about this topic before at the ME-P, and in our handbooks and print texts, as a cautionary tale.
Link: https://medicalexecutivepost.com/2011/10/18/examining-the-college-credit-bubble
The Myths
Nevertheless, here are the 8 other myths about college financial aid:
Source: onlinegraduateprograms.com
Conclusion
In any case, early planning is the key to supporting both your kids’ futures and your retirement. Making logical college funding decisions, rather than emotional ones, creates a win/win for everyone.
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Filed under: Financial Planning, Funding Basics | Tagged: college credit bubble, college financial aid, financial aid myths | 8 Comments »
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