Just a quick note to remind you about this week's college funding workshops, which, unfortunately, have become more pressing than ever thanks to recent events in the financial markets. More parents are uptight and stressed about how on earth they'll come up with the dough needed for college. No surprise, then, when I came across this statistic about returning college sophomores -hang on, this one might shock you (it blew me away!): Two out of three (67%) college sophomores go to a college that's DIFFERENT than the one they attended Freshman Year! In other words, only 1 out of 3 college sophomores attended the same college the year before! Equally un-surprising is the main reason given for this massive transferring - financial concerns. The biggest crime is that this can all be easily avoided. There is $137 Billion of financial aid in the federal system. There are 167 tax-strategies that directly apply to college funding that middle class and high income families, even millionaires, can use to cut their college costs by $5,000-$25,000 (actually the number is much bigger but you wouldn't believe me if I told you the average amount we save). So if you're choking with the idea of paying for one or more kids' college education, you should check out our free workshop, "How to Pay for College Without Going Broke or Raiding What's Left of Your Retirement Savings!". I have 3 of them next week and they're filling up quickly. Bring a friend while we still have seats
If you have a high school senior, you need to kick your college planning into overdrive - the clock has almost run out. Parents of sophomores and juniors should come now so they avoid being put in the same position as parents of the class of 2009.
Best,
Ryan
That's an amazing statistic. I hads no odea that it was so high. Thanks for the information.
Posted by: Beth | October 27, 2008 at 07:51 PM