What Is a Certified College Financial Consultant (CCFC)?

College student in a library
College student in a library

When families are wrestling with the challenge of paying the costs of higher education, a certified college financial consultant (CCFC) can help. CCFCs have gotten specialized training in education funding, including tax consequences, credits and student loans.  Most of the people who CCFCs are certified financial planners or chartered financial consultants. By virtue of their own education in financial planning, they are already well-qualified to deliver general financial advice. The CCFC training gives them more insight into the particular issues surrounding education finance.

CCFC Issuing Body and Requirements

The CCFC is issued by the American

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Trump administration tries to hamstring Biden on student loan forgiveness

The Trump administration on Wednesday sought to throw up a bureaucratic roadblock to progressives’ push for the incoming Biden administration to cancel large swaths of outstanding student loan debt through executive action.

Education Department officials released a memo, signed by an outgoing political appointee, that concludes that the agency lacks the power to unilaterally forgive federal student loan debt on the scale that some Democrats want.

The eight-page memo says that “the Secretary does not have statutory authority to provide blanket or mass cancellation, compromise, discharge, or forgiveness of student loan principal balances, and/or to materially modify the repayment amounts

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Getting Residents To Vaccinate In Orange County

LAKE FOREST, CA — In what they hope is the beginning of the end of coronavirus across Orange County, Supervisors have shared that Disneyland Resort would be the first “supersite” for vaccinations, opening to the public this week. A new public relations firm has also been hired to assist with coronavirus vaccine education and acceptance, the OC Supervisors say.

In Orange County, 28 more residents are reported to have died due to coronavirus, and there were 3,258 newly infected in the county as of Tuesday. Only two of those who perished lived in assisted or skilled nursing facilities. A total

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Hey, Higher Education: You’re On Mute

Higher education has been on the decline in an oddly quiet way. With enrollments down 10 consecutive years, state funding below 2008 levels, and public support eroding considerably, it’s almost as if higher education is on mute. How could it be that such a precious institution – embedded in the American Dream and long the envy of the world – is seemingly shriveling away? One explanation is that – as a collective – higher education has been unable to organize itself in a clear and coherent manner to make the most

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Saving for college: The best investments, plans, and strategies

  • There are several types of college-savings investments — both specifically education-oriented plans and more general vehicles or accounts.
  • College-specific investments include 529 plans and education savings accounts (ESAs). Other options include target-date funds, savings bonds, and Roth IRAs.
  • Whatever the college-savings investment, good strategies include keeping it low-risk and liquid, starting early, and contributing consistently.
  • Visit Business Insider’s Investing Reference library for more stories.

The price of higher education seems to get higher every day. 

In its 2020 Trends in College Pricing and Student Aid Report, the College Board notes that, between 1990-91 and 2020-21, the average four-year public college’s

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