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Purdue University's Success Story

When Mitch Daniels (former Indiana Governor) took over as President of Purdue University in 2013, the school had increased tuition 36 years in a row. Since then, Purdue has not raised tuition once. By graduation day in 2020, Purdue will be able to boast the total cost of “going to Purdue will be less in 2020 than it was in 2012.”

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Paying Your Children for College Credits

If you’re planning to contribute to your children’s future earning potential (i.e. by paying for college), you are committing to a big expense. But you already know that. Here’s a good gut-check question to kick off this discussion: how much research time did you put into your last purchase of an iPhone, a computer, or vehicle purchase? Now, compare those answers to how much time you put into researching the college decision for your children.

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On Having a Financial Safety School

Is your child or grandchild familiar with the concept of a “Financial Safety School”? High school students know well the concept of a “safety school”: a college that is almost certainly going to accept them. There are also “reach” colleges where acceptance is far from guaranteed, and “target” colleges where acceptance is likely but not a sure thing.

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My Always-and-Forever, Never-Changing, Very Best Encouragement for College Students

When entering the “real world”, at least from a financial perspective, you will hear a lot of noise about the best way to handle your new responsibilities. You might hear things like: “Defer any student loans as long as possible.” “Make minimum payments or income-based payments.” “Don’t worry about student loans, everyone has them.” Listen to me… BE WISE TO THE LIES! Take a different viewpoint and attack that debt with ferocity.

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