What’s Unemployment Got to Do With Picking Colleges for Application?

Forecasting job prospects based on location of the college is another criteria for prospective applicants and their parents to consider, before deciding to apply.  If unemployment in general is high in a particular state, does a student and family want to invest their limited capital and 4-5 years of effort in a college, when they…

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Financial Aid 101: Are You Financially Literate?

Paying for college seems out of the ordinary, given the total amount, which creates the “wake-me-up-from-a-dead-sleep-gasping-for-air” feeling.    However, with some foresight, families can approach college expenses together and with less nervousness.    Art Baird, Creative Marbles CEO and financial aid expert, and Jill Yoshikawa, Partner of the Educational Division at Creative Marbles, recorded a recent conversation…

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Will the $10 Billion Deficit in Pension Obligations Affect the Quality of UC Education?

The perfect storm:  increasing numbers of qualified high school graduates for UC admissions, baby boomers maturing to retirement, who were promised generous pensions–which UC administrators did not fund for 20 years starting in the early 1990’s–and current reductions in state funding for higher education–all put pressure to increase tuition–while at the same time real wages…

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“Careers, college majors, financial security…oh, my!”

Here’s an updated database showing average salaries in the Sacramento region can help prospective college students and their families in making decisions about majors and careers.  The database is an easy way for teens (who by age are limited in experience) to be exposed to the diverse range of jobs, within their interests and talent.…

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Prudent Fiscal Planning (Part 3):You can’t always get what you want

In the third part of my ongoing series on Prudent Fiscal Planning, let’s discuss the often bugaboo topic of expenses. After following the suggestions from the last article in the series,  you should now have drafted at least your income scenarios for the short, immediate, and long term. Now, you are ready to look at the other…

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“College is too expensive” or Is It?

Multiple kids maturing to college age, shrinking retirement funds, loss of home equity, loss of personal wealth, plus annually rising college tuition and costs…no wonder middle class families are concerned about financial aid.    When families assume all children will graduate from college, the question is, “What is the family’s collective (this includes all siblings, not…

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Prudent Fiscal Planning (Part 2): Income’s importance in Fiscal Planning and its Effect on Our Standard of Living

In the first post of the series, I discussed the need for prudent fiscal planning in these difficult economic times. Although it may seem that the economy has turned the corner from the most recent, yet severe economic downturn (recession), there are many storm clouds looming on the global economic horizon that could have a…

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