Skip to:


Should Parents Pay for College Tuition?

It’s a pricey question. College Board estimated the average cost for full-time, in-state students who live on campus at four-year public colleges or universities during the 2017-18 school year is $25,290.1

Continue Reading

College Loan Confusion

2016 02 Laurens signatureCollege students have steep learning curves. In high school, they were tasked with doing well academically, participating in extracurricular activities, complying with the rules of their parents’ homes and, possibly, having a job. At college, they must decide what to study, how many credits to take, and other important decisions, while adapting to a new environment and learning to manage time, communicate with professors and administrators, network with peers, and manage finances.

What Will the Money in a 529 College Savings Plan Cover?

2016 02 Laurens signatureIf you have a child or grandchild who will be heading to college soon, and you have set up and contributed to a 529 College Savings Plan, it’s almost time to tap into those funds.

The reason many people start tucking money aside in college savings plans when their children are young is any earnings grow tax-deferred in 529 plan accounts, and are federally tax-free (and often state tax-free) when withdrawn, as long as they’re used for qualified education expenses for a designated beneficiary. Qualified expenses include tuition, fees, books, and room and board.