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College Planning/529 Plans

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School Closures Could Keep 18 Million Parents From Seeking Jobs

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School closures should be a constraint on the economic recovery.

Lori Loughlin Should Get Two Months In Jail, U.S. Says

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Loughlin and her husband are set to be sentenced this week for the college admissions scandal.

College Move-In Will Be Lonelier And Weirder Than Ever This Year

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The usual chaos tied to moving into college is nothing compared with the year Covid-19 transformed higher education.

College Tipster Who Sparked Sting Gets A Year For Own Crime

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The tipster who exposed the Varsity Blues scandal was sentenced on unrelated securities fraud charges.

Morningstar To Release Enhanced 529 Plan Ratings In October

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A company spokesperson said that the new 529 Plan ratings methodology will provide greater transparency.

Preschooler Parents Face The Toughest Choice As Offices Reopen

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About 60% of families who typically pay for daycare said they were uncomfortable sending their children.

Desperate Parents Pay Whatever They Can To Escape Online Schools

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Parents dissatisfied with remote learning are turning to home schooling.

Student Loan Refinancing Rates Reach New Lows

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Private student loan borrowers are jumping at the chance to lower their interest rates.

Ayco's New Marketplace Links Financial Wellness Programs With Products, Services

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At launch, the Ayco Marketplace offers products and services across lending, saving, student loans, insurance, investing and giving.

Wells Fargo Hits Brakes On Student Loans Amid School Disruption

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Wells Fargo is pulling back from student lending as the surge in coronavirus cases disrupts higher education.

How Coronavirus Hit 401(k), 529 Contributions From Main Street Workers

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The outbreak's impact on 529 plans is much more dramatic than its toll on retirement plans, a new report says.

Americans With Student Loan Debt Have Covid-19 Buyer’s Remorse

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College students are growing more wary of graduating with student debt that will take years to pay off.

Students Face $10 Trillion In Lost Earnings Due To Pandemic

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The estimate is based on a five-month school closure, the World Bank said in a report.

Covid-19 Sends College Students Scrambling For New Funding

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Half of students enrolled in colleges and universities nationwide say they can no longer afford to attend them.

Coronavirus Shakes Colleges But 529 Plans Stand Firm

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The go-to college savings vehicle for wealthier families has long been the tax-advantaged 529 plan offered by many states.

This Fintech Now Uses Consumer Purchases To Help Kill Student Loan Debt

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FutureeFuel.io has rolled out a new Giveback feature to accelerate the repayment of student loans.

Pandemic Forcing Parents To Tap Into College Savings, Survey Says

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A majority of parents have fallen into debt because of the coronavirus pandemic, the LendingTree survey found.

Ex-Pimco Chief Wins Chance At Do-Over In College Cheating Case

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Other parents embroiled in the scandal have made similar arguments to no avail.

People With Disabilities Need Specialized Planning In Pandemic

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Advisors can access planning tools to help disabled clients, a Voya consultant said.

FPA Externships Replace Opportunities Lost To Covid-19

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Summer internships that have been canceled usually help students fulfill their CFP experience requirements.

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