public colleges

When saving money for college education, you should be aware of your Expected Family Contribution (EFC). EFC is how much money your family is expected to contribute to your college education — the lower your EFC, the more financial aid you will receive.

A Brief Note From Plonkee
One of the great things about not having children [...]

In “Getting A Good Job Is A Matter Of Luck?“, Minimum Wage asked, “How do you keep your skills current if you have a menial dead-end job?” I believe that despite your situation, where there’s a will, there’s a way. Since I don’t know where Minimum Wage lives and the kind of skills he seeks, [...]

In addition to starting a 529 college savings plan for our son, I also have been looking at alternatives if my wife and I couldn’t reach our savings goal. These alternatives may come in handy if we run into some unforeseen financial difficulties. Aside from the usual financial aids (e.g., scholarships, grants, work-study, student loans, [...]

In preparation for my first child, I started to think about saving for college. I found this neat calculator from SallieMae and tried it just to get an idea of how much will college costs 17 years from now (2024). Based on the site, the current average annual tuitions are:

$2,191 for two-year public colleges
$5,491 for [...]