We put these 2 young men through College and are very proud of what they have done with their education so far. There is lots more to come from these two and even from the old guy in the middle!
The process was and is still complex, non-transparent and put us and you at a huge disadvantage, thereby creating a lot of stress.
You learn from your mistakes and knowing what I know now, there were a lot! I realized that I wasn’t the only parent floundering out there and so I went and got educated in the process so that I could help my clients with their children. Going through the education process also highlighted that there was another related aspect that was essential to understand – Student Loans. Over the years they have
become more prevalent and necessary and that just adds to the complexity and confusion. To fill this knowledge gap, I become a Certified Student Loan Professional (CSLP®) so that I could advise my clients from a position of strength.
Everyone still thinks that a College degree is a 4 year period but the average length of time is now 5.3 – 5.8 years. This led me to understand that one of the greatest benefits that I and The College Funding Specialists could provide to parents is to help their student figure out what they were interested in and would have success at as College, so that their student was one of the 4 year graduates and saved them from spending an extra 20%. That is how our Positioning service came into being.
Did you know that 40% of the $1.6 trillion in student loan debt is owed by those who went for a post graduate degree and that many parents spend more years paying off their Parent PLUS loans than the years they spent living with and raising the child whose education their loan supported.
- We help parents of High School students find Colleges that their student is best suited for and which the family can afford by maximizing the amount of aid and scholarships available.
- We also help parents who have taken out Parent PLUS loans to pay for their child’s education
- We help post-graduate degree holders e.g. physicians, dentists… minimize their student loan repayments and maximize their forgiveness.
Retirement-age borrowers are one of the fastest growing segments of the population with student loans, increasing 500 percent over the last 20 years
As you can see, we provide end to end help with the 2nd largest financial transaction a family and student will make during their lifetime i.e. College.