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Tagged With "college"

Tagged With "college"

  • Debt Management
    Hi! I'm a recent undergraduate college grad, and I want to go to medical school. I graduated in May 2019 with $65k debt and as of today it stands at ~$22k. I should be able to pay off the rest before April (Thankfully) My complication with medical school is this: I have DACA, which exposes me to deportation, especially if the new supreme court reverses the decision made earlier this year to protect the program. If that happens then whoever cosigns my med school student loans (my family) will...
  • Topic Reply
    Sorry to hear there is so much uncertainty for you! I hope everything works out. Things to look out for when selecting a 529 plan are the tax benefits, types of investments, and associated fees. Every State in the US have their own 529 plans and the rules can vary with each State. One of the biggest benefits to the 529 plan is that the money can grow and be used tax-free on the federal level but of course there are some exceptions on the state level. Not all states offer a state income tax...
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    Thank you Landon! I appreciate your advice, and I looked into the state income tax implications for my own state and found no benefits in sight hahahaha, yeah it might be better to just throw whatever I would've contributed into a savings account and collect the 1-2% interest. Also you'd be surprised, from what i can see, and have heard, Med school is more about sustaining an uncommonly high work ethic over a period of decades than it is about being smart.
  • Welcome - Start Here & Introduce Yourself
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