May 2026 Newsletter

MAY 2026 NEWSLETTER

One of the biggest financial decisions families face is how to pay for college. With tuition costs continuing to rise, many parents and students find themselves balancing two common options: paying from savings or using student loans. For families who have planned ahead through college savings accounts or investment strategies, using saved funds can help reduce future debt and provide greater financial flexibility after graduation. Paying directly for education may also reduce the stress that can come with monthly loan payments later in life. However, many families discover that even with careful planning, savings alone may not fully cover the cost of tuition, housing, books, and other expenses. In these situations, student loans can become an important financial tool.

Student loans allow students to spread the cost of education over many years rather than paying everything upfront. Federal student loans often offer lower interest rates, flexible repayment options, and potential income-based repayment programs. For some students, borrowing responsibly may make higher education more accessible without draining family savings or retirement accounts. The key is finding balance. While borrowing can help fund educational opportunities, taking on excessive debt may create financial challenges after graduation. Students should carefully consider future earning potential, career goals, and expected loan payments before borrowing large amounts. Many financial professionals encourage families to explore all available resources first, including:

*Scholarships and grants

*529 college savings plans

*Work-study programs

*Community college transfer pathways

*Part-time employment during school

In many cases, a combination of savings, moderate borrowing, and financial aid creates the most manageable solution. College remains an investment in future opportunities, but how it is financed matters. Thoughtful planning today can help students graduate with both a quality education and a stronger financial foundation for the future.

On a personal note, both Lexi and Nicky are home for the summer. We are so excited to have them back at the house. I can't believe Lexi's freshman year is already over. She thinks she did great on her finals and is now waiting for grades to post. She had an absolute blast at Fairfield, but is excited to be home and see all her friends and enjoy the summer. Nick is also waiting for his final grades to post, but said he had another good semester. They had the team banquet, and he got the most improved player, as well as the goalie award for the best save percentage and goals against average in the league. He will take a little more time off the ice and then get back to work shortly to get ready for next season.

This material is for general information only and is not intended to provide specific advice or recommendations for any individual. There is no assurance that the views or strategies discussed are suitable for all investors or will yield positive outcomes. Investing involves risks including possible loss of principal. There is no guarantee that a diversified portfolio will enhance overall returns or outperform a non-diversified portfolio. Diversification does not protect against market risk.