Zinner's team of professionals can help you prepare for your family's long-term educational needs through proper planning.
One of the leading concerns for parents and grandparents is planning to meet ever-mounting costs associated with higher education.
According to the Federal Reserve Bank of New York, an estimated 44 million Americans collectively hold over $1.6 trillion in student debt - and the numbers are growing. The total amount of student loan debt is more than the combined debt of credit cards or auto loans.
While the common consensus is student debt is a young person's problem, the numbers tell a different story.
Adults 60 and older — who either struggled to pay off their own loans or took on debt for their children or grandchildren — are the fastest-growing age cohort among student loan borrowers.
Before you agree to take on student loan debt, speak with Zinner & Co. We can help you to navigate through the maze of options to consider in determining how to fund your children’s education.
Some of the educational planning services we offer include:
- Financial aid consulting and planning
- Assistance in the selection of financial professionals who can provide education appropriate investment alternatives
- Analysis and implementation of tax benefits available for education funding