Whether you’re going back to school shopping, saving for college, or paying off a student loan, education can be an expensive part of your family’s budget. Military Saves is here to keep you on track when it comes to saving for education or paying off student loan debt. Here are blogs, social media posts, and resources on the topic. Feel free to share with your constituents.
Social Media
Military Families have so many opportunities for college assistance! Make sure you’re aware of everything you qualify for. Here’s a rundown on common resources from @MilitarySaves:
Twitter | Facebook | Instagram
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Are you one of the 17.8 million people repaying student loans or one of the 7.4 million currently in school- you’ll want to read this! Illinois Saves is sharing the best ways to ensure you don’t fall into delinquency: Saving During Student Loan Repayment.
Twitter | Facebook | Instagram
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Life comes at you fast. We want you to be ready for those small, inconvenient emergencies that "pop up"— like a car or home repair. We encourage you to "Set a goal. Make a plan." by taking the @MilitarySaves pledge, and receive tips and nudges to help you #save.
Twitter | Facebook | Instagram
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College application is in full swing, and hopefully you’re not just starting the process to figure out what you can afford. @realKateHorrel has some great advice on how to know what you can afford and more via @MilitarySaves: Saving For College
Social Media Conversation Starters*:
1. In your financial plan, what is most important...saving for your kids college or saving for your own retirement?
2. When you or another military family are experiencing a financial emergency, what is your go-to military resource for short term help?
P.S. For a long term plan, visit militarysaves.org and take the pledge, to be prepared for the next financial emergency
Resources
Partner Organization Resources & Highlights
FINRA Smart Saving for College
Securities and Exchange Commission - 10 Questions to Consider before Opening a 529 Account
Military One Source - Financing a College Education Factsheet
Military One Source Spouse Education Career Opportunities
Department of Veterans Affairs - Education and Training
Student Money Management Center
Blog Content
Title: Education Benefits for Service Members and Their Families
Service members and their families can save on college and education expenses by taking advantage of available military benefits. But it is not always easy to keep up with the vast amount of information on the topic. Here is an overview of some of the resources out there:
Author: Lila Quintiliani
Tags: college, education, gi bill, tuition assistance, scholarships, military children
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The college application season is getting into full swing, and high school seniors and their parents are starting to think seriously about college expenses and how they are going to pay for them. It’s a busy, confusing, and emotional process, but it is important that you take the time to sit down and figure out how much you can really afford, and where the money is going to come from.
Author: Guest Post from Kate Horrell
Tags: college, education, military children, scholarships
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Title: Saving During Student Loan Repayment
Over 44 million people hold $1.56 trillion in student loan debt. 11.4% of those borrowers are in delinquency or default. According to MeasureOne, private student loans make up an estimated 7.71% of the total outstanding student loan debt, so the vast majority of student loan debt is federal.
If you’re one of 17.8 million people in repayment or the 7.4 million currently in school, these can seem like very scary statistics. The important thing to remember is that there are a lot of ways to help federal loan borrowers avoid delinquency and default and even save some money. Here are a few:
Author: University of Illinois
Tags: student loans, education, college, reduce debt
Events
#SavingForCollege Twitter Chat
Hosted by Sallie Mae and America Saves
Wednesday, September 25th, 2p EDT