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A College Loan Will Finance Your Education!
A college loan has given people all over the United States a chance to further their education, even if they are not making a lot of money. Education loans can be a big help in paying for college. You'll find these loans offer a low interest...
College Degrees and Online College Degrees
College degrees are a necessity in today's society where education is needed to make a livable salary or to receive a promotion before another degreed employee receives it. Many professionals are returning to school via the Internet to get their...
Paying for College
College Payments
Paying for college is one of the largest expenses a parent will face in their lifetime, other than paying for a house. Because of this, care needs to be taken as well as special planning and allocations of finances in order to...
Students In Private Colleges
Until recently I have taught technology classes including networking, web programming, web design, and others at a private corporate run college. I prefer not to divulge the name at this time. You've probably seen their advertisements on national...
The Benefits Of Taking A College Course Online
There are many reasons why you might want to consider taking a college course online. By far the greatest advantage of taking a college course online is convenience. You can take a college course online from anywhere that has an internet connection....
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College Tuition Prepayment Plans Stumble
Perhaps the most heartbreaking casualties of recent stock market performance are the 20 state-sponsored college tuition pre-payment plans throughout the country. With college costs continuing to grow at a pace of about 9% per year and investment returns on plan assets being flat or negative, the sponsors of the various prepaid tuition programs now project long-term cash shortages.
Investors in the program thought that they had purchased “paid up” tuition credits under the program, regardless of the future rise in tuition costs. But now states anticipate notifying investors hat the plan cannot meet its projections, and so the investors must “pay up” by making additional investments or bail out of the program. Colorado has already notified investors of the
default and other states anticipate similar actions in the future. Other states are considering more creative options. Most plans agree that the growth of plan assets will not keep pace with college tuition inflation over the next decade.
Investors are irked because they thought that these plans represented a guarantee backed up by the sponsoring state and are shocked to learn that this is not the case.
Of course, a recovery of the financial markets will greatly help ease the burden, but many investment advisers do not expect that to happen in the near future.
About the Author
Tony Novak is an independent writer and financial adviser in Narberth PA who provides OnlineAdviser services through MedSave.com and FreedomBenefits.org.
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