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  • Eric Stutman

Top Lessons from"Paying For College" book

I recently read Parent's Guide to Paying For College and Repaying Student Loans by Reyna Gobel. This book was a quick read, and not as detailed as some college financing books I have read. Here are the top takeaway messages from the book. Contact me for more info about financial aid for college.

* Save early using 529 plans and prepaid tuition plans

* Enlist help savings from your relatives, and increase funding as college approaches.

* Teen jobs and high school scholarships can help defray some of the cost of college.

* A short template can help you compare college financial aid award letters.

* Loan options include parent and student federal loans as well as private loans.

* Use a repayment estimator and consolidation calculator to compare repayment options.

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