YCBK 517: A Mom Shares How She Almost Fell Into “The College Admissions Trap”

In this episode you will hear:   (07:22) In The News Lisa and Mark share and discuss a powerful letter from a mom about how she almost fell into the “College Admission Trap”   (28:22) Question from a listener:  Mark and Hillary discuss the importance of a college being able to predict who will come   (43:44) Interview: Frequently Asked Questions about 529 Plans, Julie Shields-Rutyna and Jonathan Hughes from MEFA, Part 4 of 4 Preview of Part 4 ·         Julie talks about the research that Dr. William Elliot from the University of Michigan has done on the psychological benefits of 529 Plans for students and parents, even if the contribution is really ·         Jonathan discusses whether a 529 Plan can be used for Job training ·         Julie talks about the 529-A aka the 529-Able and how that is different from the traditional 529 plans ·         Julie mentions a range of qualified expenses that very few people know that the 529-A can be used for ·         I ask Julie whether this is very subjective or are the disabilities clearly defined ·         Jonathan talks about whether you can transfer money from a 529 Plan to the 529-Able plan ·         Jonathan talks about whether a student can use their 529 for International universities and he tells you how you can know if a specific International school is eligible for 529 usage ·         Jonathan talks about the growth of Child Savings Accounts in different states and he tells us what a Child Savings Account Is ·         Jonathan tells us what Oklahoma, Massachusetts and Maine are doing with CSA’s ·         Jonathan and Julie talk about how you can reach them if you have additional 529 questions   (56:32) Recommended Resource-CLEP and Modern States       Speakpipe.com/YCBK is our method if you want to ask a question and we will be prioritizing all questions sent in via Speakpipe. Unfortunately, we will NOT answer questions on the podcast anymore that are emailed in. If you want us to answer a question on the podcast, please use speakpipe.com/YCBK. We feel hearing from our listeners in their own voices adds to the community feel of our podcast.   You can also use this for many other purposes: 1) Send us constructive criticism about how we can improve our podcast 2) Share an encouraging word about something you like about an episode or the podcast in general 3) Share a topic or an article you would like us to address 4) Share a speaker you want us to interview 5) Leave positive feedback for one of our interviewees. We will send your verbal feedback directly to them and I can almost assure you, your positive feedback will make their day.   To sign up to receive Your College-Bound Kid PLUS, our new monthly admissions newsletter, delivered directly to your email once a month, just go to yourcollegeboundkid.com, and you will see the sign-up popup. 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