I have a question about 529 Savings Plans. Now that I have a little one, I'm looking to start investing in a 529. However, there is a better than decent chance that we'll move to a new state within the next three years. Should I invest in New York's Direct plan right away (which looks great - low expense and a nice amount to write off my taxes) even though I might lose future tax benefits in another state?
posted by Stynxno
on Jul 27, 2012 -
Is it worth it to get an undergrad degree in accounting or finance for the post-graduation salary prospects, even though I might not be interested in the major? (Excessive detail inside!) [more inside]
posted by bumpjump
on Jun 26, 2012 -
At the end of year 2, our son has a balance owing to his college of about $500, for parking tickets, library fines, etc. Unless this is paid, he can't register for classes for the coming year. Are we being mean not to pay it, or loan it to him? [more inside]
posted by anonymous
on Jun 25, 2012 -
I own a lot of shares in a company that has done very well on the market recently. So well in fact that if I sold it all now, I could divide the proceeds equally between my two kids and set them both up for college — something my parents couldn't do for me. However, my oldest child won't be ready for college for another 12 years. Is there any way to convert the stock shares into something less volatile than the market, without incurring capital gains tax? My kids both have 529 funds and I'd love to be able to move the stock there but I want to avoid the IRS as much as possible. Yes, I am naive and ignorant of the finer workings of finance, so please be gentle.
posted by Ratio
on Oct 30, 2011 -
Is there a 'bubble' in higher education? By that I mean, are there too many colleges right now, who are charging too much for tuition, and too many people paying too much for degrees, and taking loans that they will never be able to pay off? And assuming that there is such a bubble, and it were to burst, how would a deeply cynical person invest to make money on the collapse in the way that some savvy people made money on the housing market collapse?
posted by empath
on Apr 26, 2011 -
Is there an 'expiry date' on your studies when it comes to being admitted to a PhD? I'm thinking of working for a while first. [more inside]
posted by moorooka
on Apr 22, 2010 -
Scholarships/Fellowships for a law/business student interested in entrepreneurship and the environment. [more inside]
posted by HLS
on May 9, 2009 -
Writing a finance 'book' for my niece...What do you know now about money that you wish you knew at 17? What have you learned the hard way? [more inside]
posted by nineRED
on Apr 8, 2009 -
I am a frugal person entering his senior year in college [age 21].
I have been following advice like the stuff in
and thread 99852
and living below my means. I sought advice in Financial books for college kids my age [for example, generation debt], but left feeling wanting more because they focus primarily on how to cut expenses [skipping the latte, etc].
So, I have some student loans already, but will need more for my senior year. I also have some money set aside, but I should I use this money to lower the loan amount that I'll take out or use this money for an investment (Roth IRA, index fund), and take out more for my student loans ?
posted by fizzix
on Aug 26, 2008 -
Is it better to get any degree or to get the degree that I want? I'm about to start my senior year of college but I find myself wanting to switch majors! What to do? [more inside]
posted by Theloupgarou
on Aug 17, 2008 -
It it worth it for me to put an amount of money into an immediate fixed annuity and take out a loan to pay for tuition, or is it alright to just pay off my tuition with the money available to me. [more inside]
posted by saxamo
on Jul 10, 2008 -
How do I ask for more financial assistance / financing options as an international undergraduate in a US college? [more inside]
posted by anonymous
on Apr 19, 2008 -
College savings: Does the government care how you spend a college savings plan in Canada? [more inside]
posted by acoutu
on Jan 29, 2007 -
Between Finance and Information Systems, which would be the more productive, proactive, desired, and usable degree? [more inside]
posted by blueplasticfish
on Aug 8, 2006 -
Two-part question about money and spending per semester: first part for college students, second part for those in the post-collegiate working world. [more inside]
posted by limeonaire
on Dec 16, 2005 -
I’m looking for help establishing a college fund for the children of a murder victim. [more inside]
posted by Doug
on Oct 25, 2005 -
FinanceFilter: I recently experienced the wonderful epiphany of 'college student = poor' as I finished paying bills and checking my bank accounts today. It seems that I've spent almost all of my summer job savings, and by February 1st I will have the grand total of approximately $12 to my name.
My basic question is: what should I know before taking out student loans?
I'm looking for personal experiences, warnings, recommendations, etc. I want to make sure I do this right so a few years from now I won't be posting an AskMe question about trying to get out of my many-times-deferred loans. I'm not hardcore set on taking out student loans, but it's an option that seems favorable at first glance and has been recommended and pursued by many of my friends. [MI] [more inside]
posted by ElfWord
on Jan 26, 2005 -