Advice to Help Your Kids Get the Most From College

A recent family party celebrated a first-born child heading off to college. As the evening wound down, relatives gathered around the picnic table and offered advice to the college freshman, ranging from “Study hard but have some fun” to “Call your mom occasionally.” These suggestions were especially interesting in light of the “Is college worth it?” debate that has developed post-recession. Last spring Gallup released the result of a survey of 30,000 college alumni that found six elements common to …

Why Millennials Need Helicopter Parents to Stop Hovering

The great college move-in begins this week. Getting the students there is the easy part. Getting the parents to leave — in both mind and spirit — is the challenge. Indeed, though some colleges have show-parents-the-exit programs, many parents still hover from home. The University of Oregon has a section about “helicopter parenting” on its counseling services page. Telltale signs range from texting or emailing more than once a day to completing assignments or pushing a particular major. The counseling …

Back to School? Parents, Be on Guard for Student ID Theft

With the kids returning to school, you’ve earned a sigh of relief. But don’t breathe too easy just yet. From elementary through high school, students are 51 times more likely than their parents to be victims of identity theft. College students are ideal (and common) targets — and when hit, they lose more money and take longer to discover their identity theft than any other age group. And with forms, dorms and other threats, a new school year is especially …

Students Turning to Grandparents to Help Pay for College

How are families paying for college? Grandparents. Or, at least, grandparents and other relatives are kicking in more for a student’s education. The amount of money from relatives — often grandparents — and friends rose to an average of $1,247 this year, a 40 percent increase over last year. That’s according to Sallie Mae’s annual report, “How America Pays for College,” which is based on a survey of 1,600 parents and students. Student loan giant Sallie Mae found that families …

Retirement Security: ‘It’s About Honesty, Fair Play, Dignity’

Thanks to the determination of millions of hardworking Americans, our economy has come a long way since the financial crisis seven years ago. Our businesses have created more than 12.8 million new jobs over 64 straight months — the longest streak on record. Our high school graduation rate is at an all-time high. More Americans are finishing college than ever before. And more than 16 million additional Americans have health care — and the uninsured rate is the lowest on …

10 Financial Tips for the Kids

We all want our children to be successful and happy. And though being financially fit won’t make anyone happy in and of itself, it can at least take away money stresses and allow the kids to pursue happiness. Just in time for Financial Literacy Month, three journalists from the Wall Street Journal offer 10 great tips in the video below. Get the latest tips on protecting your money and saving for retirement — AARP Money newsletter » Here are the 10 …