YCBK 517: A Mom Shares How She Almost Fell Into “The College Admissions Trap”

In this episode you will hear:

 

(07:22) In The News

Lisa and Mark share and discuss a powerful letter from a mom about how she almost fell into the “College Admission Trap”

 

(28:22) Question from a listener: 

Mark and Hillary discuss the importance of a college being able to predict who will come

 

(43:44) Interview: Frequently Asked Questions about 529 Plans, Julie Shields-Rutyna and Jonathan Hughes from MEFA, Part 4 of 4

Preview of Part 4

·         Julie talks about the research that Dr. William Elliot from the University of Michigan has done on the psychological benefits of 529 Plans for students and parents, even if the contribution is really

·         Jonathan discusses whether a 529 Plan can be used for Job training

·         Julie talks about the 529-A aka the 529-Able and how that is different from the traditional 529 plans

·         Julie mentions a range of qualified expenses that very few people know that the 529-A can be used for

·         I ask Julie whether this is very subjective or are the disabilities clearly defined

·         Jonathan talks about whether you can transfer money from a 529 Plan to the 529-Able plan

·         Jonathan talks about whether a student can use their 529 for International universities and he tells you how you can know if a specific International school is eligible for 529 usage

·         Jonathan talks about the growth of Child Savings Accounts in different states and he tells us what a Child Savings Account Is

·         Jonathan tells us what Oklahoma, Massachusetts and Maine are doing with CSA’s

·         Jonathan and Julie talk about how you can reach them if you have additional 529 questions

 

(56:32) Recommended Resource-CLEP and Modern States

 

 

 

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