Build a Better Vision
Is this the vision you have for your child?
We would like Sara to attend the most expensive school that accepts her.
Sara will borrow the national average of $24,000 in Stafford loans.
We will encourage Sara to utilize credit cards and will help with payments if necessary to give her a good FICO score.
Sara will graduate with the national average of $5,000 of credit card debt.
We would like Sara to attend a school that provides a variety of gourmet foods in a private dining hall and individual dorm rooms for students whose parents, like us, are willing to pay extra.
Sara will not visit the same spring break location twice during college.
We will borrow $21,000 in Parent Loans loans at a 7.9% interest rate and $13,000 in private loans at an average variable rate of 10% to fund the remaining shortfall
If Sara continues her education beyond a bachelor’s degree, she will be largely on her own.
We will consider delaying our retirement, however, if it proves to be too much for her; or if she decides to study abroad.
Sara will attend a college in which the average student completes their 4-year degree in 5 ½ years.
Sara will not work during school so she can spend time making friends and socializing before entering a lifetime of work.
We will pay up to 10% of the cost of college to college admission and financial aid consultants in order to get all the aid we are already entitled to.
We will use the 5% college inflation rate stated in a recent publication for our college cost projections even if it causes us to save less than we should.
We plan to receive the 5-year annual rate of return listed in the moderately aggressive portfolio option in our state’s 529 plan literature although that has not kept pace with college inflation for the past 12 years.
We are committed to our plan regardless of stock market conditions.
Your child isn't average. Your college plan shouldn't be average either. Build A Better Vision!
Building a Better Vision.
When we use accurate data and ask better questions, the way we analyze our clients’ situations changes dramatically and so do the solutions we offer. We begin to offer solutions based on our your accurate understanding of your financial situation and your dreams for your children not the product of the year or unrealistic expecations.
Data changes, values don’t. We'll teach you to use your values as the foundation of your dreams and how to monitor the external factors that can influence them as a means build better a better college plan.