College Savings / Student Loans Questions

WGN giving money for a baby towards college

7/26/23 WGN – discussion on giving money for a baby towards college which is tax free. I came into the..

Best way to pay college tuition by a divorced parent?

Divorced parent wants to pay college tuition. Is it better to give money directly to student following gift rules or..

Related to College loans

At what age can a student sign for a college loan? Are high schools explaining to the student the commitment,..

Public service loan forgiveness

Hi Terry! My husband is a physician and has quite a bit of medical school loan debt. He is eight..

Student Loan Debt

Hello Terry, So in a nutshell, I owe 38k in student loans. Which I probably should not have done so..

Question about the number of payments credited by a student loan

Hi Terry, Prior to the pandemic our daughter, who is a nurse for a non profit was making her student..

Student loan

Our daughter will be a Junior at Indiana University this fall. We have so far been able to come up..

Student Loan for Son with no credit nor cosigner

Hello, My son graduated this year and has gotten like 15000 in scholarships, grants ect for college, but he still..

529 Account

I started a 529 account for my nephew. He is now ready for college. How do I give him the..

UTMA account for minor

We are guardians for my grandson. His mother passed away and he has a Illinois UTMA with Northern Trust as..

Child investing

What is the best place to put my child’s 8 th graduation money, to help her earn more.? Approximately 2000$

Paying off my school loan

I am 72 and I have $45, 864.47 due in school loans owed to the US Dept of Education. The..

Student Loans Public Service relief

I have heard you talk about student loans on WGN for a long time. I have been a teacher for..

Kiddie tax

Last year I purchased a $10,000 I bond for my 10 year old granddaughter. I was going to buy her..

Grandchild investment for college

My grandchild just turned 4 and would like to start a nest egg for her like my parents and grandparents..

Saving for college

Hello Terry, I asked this question to you on WGN as I was thinking of rolling my US Savings Bonds..

College fund

Hi Terry, My son is two years old. My husband is hestitant to open a 529 account for college because..

Federal Student Loan Debt Relief Program

Do you have any updated information on the one-time Student Loan Debt Relief plan that is held up by lawsuits..

Collage investment

I have twin H/S sophomore boys, I never set up savings for collage, I have 10,000 in cash savings for..

grandchild’ s college

My granddaughter is in her second year of college. I would like to help a bit with her tuition. 1...

money

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