FYInance

Posts Tagged ‘educational plans’

Interview with Dan Evertsz, a college planning specialist of the Bay Area. Going to college is getting more and more expensive. Many students graduate from school each year but not all of them go to college. While it is competitive to get accepted to a college of your choice, it is also hard to afford to go to college that you want to go to. Some people have to settle for cheaper colleges such as community colleges. You can save for college by opening college savings accounts such as the 529 plans or other types of educational savings accounts. Reference Point hostd by Dave Kocharhook (host and producer).

College Planning is becoming more and more expensive. There are many people who need to find funding in a very difficult economy. In terms of borrowing, it is harder to get a student loan. Dave Ramsey is here to give you his view on how to pay and save for college. But, Dave is not a fan of getting a student loan anyway. He much prefers for you to go to a college that you can afford. If you do not have the money for expensive schools, go to your local state school, community college, etc. You can even pay cash for it. Statistics show that 6 millions of students are borrowing $50 billion dollars in loans.

Try to get a scholarship!

Dave advises that you should take the ACT, the SAT, etc  a few times. The scores will come up when you learn how to take the tests. The higher you score, the more scholarships you are going to be able to apply for. You can apply for them online. They are easy to apply for and they can save you a lot of money.

Dave Ramsey talks about college planning, paying off students loans and getting the degree debt free on Fox Business Networks “Money for Breakfast.”