Today I’m featuring a 5-minute video clip from the popular TV show Adam Ruins Everything. This 5-minute clip is titled, “How College Loans Got So Evil.” It’s funny! But then again, it’s not funny at all — because it’s true.
Please share this post with every parent, teacher, guidance counselor, school staff person, government official, and college staff person you know.
Because we all need to know the truth — so we can take evasive action for the kids we love.
*Viewer discretion is advised
For clear, step-by-step help getting your kids through college debt-free, read on.
This article was originally published on September 12th, 2016. It was updated and republished here on August 26th, 2017.
There’s one thing parents long for far more than straight A report cards.
Parents want kids to do their own homework in a quality manner without the parent needing to prod, nag, oversee, or push.
Want to increase your chances of having academically independent children and teens at your house?
Ask each of your children these 5 questions every September.
Before you have this conversation, be sure your teen has a calendar, planner, or special notebook for recording assignments and due dates. Then — keeping this particular student’s personality in mind — provide some individualized teaching on the subject of workflow process management.
This article was originally published on September 21st, 2015. It was updated and republished here on August 23rd, 2017.
Your middle schooler or high schooler tends to underperform in school — and it drives you crazy.
What’s a caring, involved parent to do? You know how high the stakes are. Is it your duty to strictly supervise and control homework so that your son or daughter gets higher grades and has a happier life ?
Dr. Charles Fay of loveandlogic.com says no.
In a newsletter article published here, Charles gives parents a far better idea. “When your children get resistant,” he says, “allow them to learn through their refusal. Refusing to do a homework assignment can serve as a more important life lesson than the content of the assignment.”
Here are three additional strategies Charles recommends:
I recently watched Darci Lynne Farmer, the 12-year-old singing ventriloquist from Oklahoma City, wow the audience and the judges on America’s Got Talent. Before the 7-minute video was over I laughed, and I cried. Real tears. I am not kidding.
And then I thought…
What if Darci Lynne had never practiced ventriloquism on her own at home? What if she’d just waited until age 18, signed up for ventriloquism classes, and then expected those classes to give her everything she needed to perform like a superstar?
Every year, millions of high school students are fed this line: “Hey, you should take Advanced Placement (AP) classes! They’re way harder, but if you do well on the test at the end, you’ll get free college credit!”
It sounds like a great deal. But is it actually true?
Actually, Advanced Placement (AP) classes are the least dependable way for students to earn college credit in high school.
Shockingly, fewer than half the students who take AP classes actually end up getting the low-cost college credit they were promised.
This Atlantic article goes so far as to tell parents bluntly, “AP classes are a scam” and “AP students are being suckered.”
The well-respected Atlantic said that? Wow.
To learn which early college option tends to be far better than AP, read on.
If so, there are specialized strategies you can use to reduce your kids’ future college costs.
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.
Parent, I urge you: DO NOT cosign a student loan for your child.
Today I’m featuring information from an article by nationally syndicated radio host and author Clark Howard. I consider this to be must-read info for every parent. After you read below, you can find articles by Clark Howard, listen to his radio show, view his videos, and sign up to receive his money-saving advice right in your email inbox at ClarkHoward.com.
Are you considering cosigning a loan for an adult child who needs a car, a student loan, or a credit card?
Here are 6 deeply concerning things you need to be aware of before you pick up that pen.
1. If you cosign a student loan, you may unwittingly strain future family relationships.
Nobody likes to think about this, but there’s an almost four in 10 chance that when you cosign a student loan, you will be the one who has to pay off the balance. A CreditCards.com survey found that of the cosigners they surveyed, 38 percent had to pay some or all of the loan balance or credit card bill because the primary borrower did not, 28 percent experienced a drop in their credit score because the person they chose to cosign for paid late or not at all, and 26 percent said the cosigning experience damaged their relationship with the person they cosigned for.
On June 7th, 2017, LinkedIn.com changed its user agreement, increasing the minimum age for opening a LinkedIn account from 14 to 16. “Existing members who happen to be under 16,” LinkedIn says, “will be allowed to remain members and use our services.”