by David W. Chen, The New York Times, August 16, 2018 | Aug 24, 2018 | Financial News
The New York University School of Medicine announced on Thursday that it would cover the tuition of all its students, regardless of merit or need, citing concerns about the “overwhelming financial debt” facing graduates. N.Y.U.’s initiative comes at a time when...
by Sarah Skidmore Sell, The New York Times, August 15, 2018 | Aug 23, 2018 | Financial News
It’s back-to-school time and let’s face it — education can be expensive. The College Board reports that the average cost of in-state tuition, fees, room and board at a public four-year college in the U.S. was $20,770 last year. And that’s just a...
by David Jordan, Associated Press, July 20, 2018 | Jul 26, 2018 | Financial News, News of Interest
As more students balk at the debt loads they face after graduation, some colleges are offering an alternative: We’ll pay your tuition if you offer us a percentage of your future salary. Norwich University announced Tuesday that it will become the latest school...
by Sue Shellenbarger, The Wall Street Journal, July 17, 2018 | Jul 25, 2018 | Financial News, News of Interest
Steps you take when they’re young could launch them toward financial independence and get them out of the nest with no hurt feelings Financial advisers are adding a new wrinkle to retirement planning: a launch plan to prepare clients’ children to leave the nest when...
by Motley Fool Staff, May 28, 2018 | Jun 10, 2018 | Financial News, News of Interest
Beth Kobliner, author of “Make Your Kid a Money Genius (Even If You’re Not),” reveals five common ways that our instincts lead us to teach our children the wrong lessons about money. Many times in parenting, we are given a single piece of advice, though it...
by Michelle Singletary, The Washington Post, May 25, 2018 | Jun 9, 2018 | Financial News
WASHINGTON — With the steep cost of college, lots of grandparents feel the need to help cover some of the expenses. One way to assist is by contributing to a tax-advantaged 529 college-savings plan. Earnings in the account are tax-free if used for qualified expenses....