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• Let your kids pay for their college education

  Posted Dec 10 2007, 02:41 PM by Karen Datko
  Filed under: College, Spending, Family, Saving

  Mighty Bargain Hunter writes about a family he knows with lots of kids, "somewhere between 'The Brady Bunch' and 'Cheaper by the Dozen.'" How will the parents pay for their children's higher education? They won't. Once the kids reach 18, they're on their own, and they've been told, so they won't be surprised.   Read More...

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• Scholarships galore: Making college affordable

  Posted Nov 07 2007, 10:10 AM by Karen Datko
  Filed under: College, Family, Saving
  Why apply for only one scholarship when you can apply for 60? Ramit Sethi of I Will Teach You To Be Rich offers a primer for finding and getting lots of college scholarships . Many high school students don't make the effort, so they're out there for the taking . Apply for every relevant scholarship identified by career centers at your high school and others, in scholarship books at the library, and by family members whose employers sponsor free money for school. Write essays with a message that goes beyond "pick me because I'm smart" (after you write several, cutting and pasting will be breeze), prep your references so they're ready to emphasize your strong points, and sit back and wait for the interview offers to roll in. Ramit, a recent Stanford graduate, pursued scholarships with his usual entrepreneurial gusto: "When I was in high school, I ended up applying to about 60 scholarships -- all from my career center -- and got a bunch of money for school."
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