Kids & Money

Kids & Money

What financial aid award letters tell you

More college admittance letters are going out to high school seniors, meaning that financial-aid awards letters are not far behind. The awards letters detail how much the school will cost to attend, and what kind of financial assistance you’ll receive for the coming school year, including grants, scholarships, federal loans and work study benefits.

Kids & Money

Why college is not one big ‘scam’

An online post from someone who claimed to be a student at Kansas State University articulated in a Facebook post what a lot of students and parents feel about the high cost of a college education and whether the end justifies the means.

Kids & Money

College education loans hurting parents, grandparents

The number of seniors generally age 60 and older with student loan debt has quadrupled over the last decade to 6.4 percent, and the average amount they owed has also increased to $23,500 in 2015 from $12,100 in 2005, according to a new report from the federal Consumer Financial Protection Bureau.

Kids & Money

Handling gift returns is good for children

While it might be easy and make perfect sense to say you’ll take care of toy problems, there is another approach. Encourage your child to do the same thing you would do — namely to stand in line at the return counter at the store, box up the defective product and ship it back to the retailer, or even call the toll-free 800 customer service number.

Kids & Money

How to become smart investors

If you’re looking for a holiday gift idea, mutual funds, low-cost stock purchase programs and state-sponsored 529 college savings plans all combine kid-friendly investing with opportunities to learn about the ways of Wall Street.

Videos

How the Fed rate hike affects student loans

The Federal Reserve is raising interest rates. Borrowing costs will steadily rise for consumers and businesses. But how will your student loan repayments be impacted during this change? The answer depends on what type of student loans you have.
Cristina Rayas McClatchy
How the Fed rate hike affects student loans 2:13

How the Fed rate hike affects student loans

Chiefs coach Andy Reid on why he's sticking with Alex Smith 0:49

Chiefs coach Andy Reid on why he's sticking with Alex Smith

Mark Bedell on Kansas City Public Schools' strategic plan 1:10

Mark Bedell on Kansas City Public Schools' strategic plan

Woman's KC house is nearly stolen with a piece of paper 1:58

Woman's KC house is nearly stolen with a piece of paper