Education is Our Children’s Secret Weapon

Education is Our Children’s Secret Weapon

At the beginning of life, children are all very similar: weak, dependent, and helpless. But over the years with time and hard work, they transform into strong, independent, and thoughtful adults. People become who they are through three main factors: where they grow up, the people that surround them, and, most importantly, their education.

Continue reading

Retirement or Kids? Five Reasons Why Kids Should Come First

Retirement or Kids? Five Reasons Why Kids Should Come First

Would you be willing to postpone your retirement by two years if it meant your children could attend the college of their choice without taking out expensive student loans?

In 2007, Savingsforcollege.com conducted an online poll asking parents this exact question. If you have kids of your own, you’re probably not surprised that over 80% of respondents said they would postpone their retirement by two full years if their child could attend the college of his or her choice without taking on more debt.

Continue reading

Are You Hoping for a Scholarship or Financial Aid? Read This!

Are You Hoping for a Scholarship or Financial Aid? Read This!

Back in high school I had a lot of friends who I played baseball with, and many of them had dreams of pursuing the sport at the college level so they could eventually move on to the MLB. One friend in particular had offers from many schools, however the schools that offered him a spot on their teams did not offer a scholarship with the spot.

Continue reading

How Michigan Launched a College Savings Program That Jump Started the 529 Plan Across America

How Michigan Launched a College Savings Program That Jump Started the 529 Plan Across America

If you’re a typical parent, it’s likely you’ve never heard of the Michigan Education Trust (MET) but it spearheaded the 529 plan movement. Proposed in 1986, this program was intended to “help parents guarantee their children the opportunity of a Michigan college education.” This new fund afforded parents the option to pay a nominal stipulated amount in return for the state agreeing to pay tuition at any Michigan public college.

Continue reading