This article was originally published here on July 31st, 2017. It was updated and reposted here on May 22nd, 2018.
Are you divorced from your child’s other parent?
Here’s just one.
1. Figure out which of your child’s parents has the lower household income.
Is it you, or is it your ex-spouse? (Be sure to include the income of any new spouses when you calculate this income amount.)
2. Ask yourself, “Could my daughter possibly go to live with her lower-income parent, starting on September 30th of her 11th grade year?”
Think, would it be safe and healthy for your daughter to sleep 183 nights (or more) at her lower-income parent’s house between September 30th of her 11th grade year and September 30th of her 12th grade year?
Could she keep up this living arrangement until she goes away to college?
There are dramatic financial aid benefits for divorced parents who do this.
I’d love to give you a full explanation as to why this is and what else you need to know about it, but a detailed explanation is too complicated for a short blog post like this. You can find all the details on this strategy on pages 198-200 of my book LAUNCH: How to Get Your Kids Through College Debt-Free and Into Jobs They Love Afterward, which you can find by clicking here. (It’s best if you get this book before your kids reach middle school, but if your’ child’s already in high school it’ll still provide you many helpful strategies.)
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There’s no part of parenting more important than setting your kid up for successful college and career life.
Here’s how you can do it in the best way possible, even if you and your former spouse aren’t communicating much right now.
Get clear, step-by-step help that both of you read separately, and then act on together. It’s all found in this book that family law attorneys recommend for their clients:
You can “Look Inside” the book on Amazon for free by going to:
(Tell your friends.)
You can see the “Top 9 Questions Parents Are Asking Me About LAUNCH,” here.
Read just one chapter of LAUNCH every 1-3 months while your child’s in middle school and high school, and you’ll know every viable strategy for debt-free college at exactly the right time to implement it.
And if your child’s already well past middle school? That’s OK; you can run to catch up. But the process of getting your kids through college debt-free goes more smoothly the earlier you start it – especially if you’re not planning to save up any money to pay for college.
Do you have friends who are parenting kids ages 12 – 22?
SHARE this post on Facebook, Twitter, and LinkedIn right now.
What about you?
What strategies have you found for saving money on college after divorce? Comment below or LIKE Jeannie Burlowski Author on Facebook, find this post on that page, and let’s talk about it there.
Who is Jeannie Burlowski?
Jeannie is a full time author, academic strategist, and speaker. Her writing and speaking help parents set their kids up to graduate college debt-free and move directly into careers they excel at and love. Her work has been featured in publications such as The Huffington Post, USA Today, NerdWallet, and US News and World Report.