Smart Financial Planning for College

Today we are joined by guest blogger Drew Cloud and talking about smart financial planning and college. I hope you enjoy! Why Families Should Use SDRSI Before Decision Day As the constantly increasing cost of earning a college degree outpaces the rise of early career wages, many families should dedicate extra time to choose the most affordable school for their high school graduate to make sure they can afford the student loan payments. One of the tools they can use before decision day is the Student Debt Repayment Success Indicator (SDRSI) as they select the best college. What is SDRSI? The Student Debt Repayment Success Indicator (SDRSI) uses the median salary of new graduates, the average debt per graduate, and a college’s default rate within the first three years of graduation to compute the likelihood that future college graduates will be able to successfully repay their student loans after graduation. A higher SDRSI score means a higher probability that if your child at...