College savings advice - CNNMoney.com
From CNN and Money magazine, CNNMoney.com combines business news and in-depth market analysis with practical advice and answers to personal finance questions.
Beat the college loan crunch
For families with children heading off to college, this has been the year from hell. First, a record number of applicants made 2008 the most competitive year ever for college admissions. Then the credit crunch hit the college market in a big way, igniting fears of a drought in financing for all students this fall.
Your kid's in college! So... how will you pay?
Patrick and Laura Matheny began saving early for their children's college education. After stashing some $50,000 in college savings accounts for their son Daniel, now 20, and their daughter Natalie, 18, they began paying down their mortgage in earnest with the intention of tapping their home equity once the bills began rolling in.
Student loan bill goes to president
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College saving: Do it now
As the stock market was tumbling early this year, 40-year-old Eric Horowitz decided he could handle only so much pain. His daughter Elizabeth attends private high school, and a year from September she'll be a freshman in college. So Horowitz chopped his exposure to stocks to about 60% of his portfolio down from 85%.
How to shop for student loans
As college acceptance letters arrive this month, families will be celebrating the good news (we hope!), then bracing for the grueling process of figuring out how to pay for four years' tuition.
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