New York (August 23, 2013) – The college loan balance of America’s students and graduates — $1 trillion — is now bigger than the economy of Australia. All that debt has prompted significant sacrifices for America’s young adults and their families and underscores the importance of early financial planning.
The Personal Financial Planning Section of the American Institute of CPAs and the profession’s 360 Degrees of Financial Literacy program will host a consumer webcast on Monday, August 26, to provide tips on planning for higher education. The webcast is free and open to the public.
Before You Borrow: What You Should Know About Planning for College Education
Topics will include:
· College savings opportunities
· Financial aid: When it’s appropriate and how to use it wisely
· Strategies for repayment
· Tax planning opportunities, including education tax credits and deductions
Monday, August 26, 2013 at 1 p.m. Eastern Daylight Time
Presenter will be Kara Kessinger, CPA/PFS. She serves on the executive committee of the AICPA’s Personal Financial Planning Section and is the northeast private tax leader for CliftonLarsonAllen LLP.
Reporters and members of the public can register in advance for the free webinar. Reporters with additional questions can contact Jonathan B. Cox with AICPA media relations at 919-402-4499 or email@example.com.