Valuable insights from Lynn O’Shaughnessy
a nationally recognized college expert.
July 6, 2011
Grandparents: Doing More Harm Than Good
It’s great when grandparents can help with college costs, but you don’t want their generosity to backfire. At a 4th of July party this weekend, I talked with a couple whose children’s college choices have, strangely enough, been diminished by grandparents money. Here’s what happened: Years ago the grandparents gave each of the three children a significant amount of money...
April 20, 2011
How Grandparents Can Safely Help With College Costs
I got a question this week from a mom about grandparent contributions to college. It’s great to have generous grandparents who want to help with college costs, but you don’t want any gifts to backfire. Here are five things to keep in mind when grandparents want to help with college: No. 1. If your family isn’t going to qualify for...