News & Articles

Thursday, January 31, 2019 - 2:22pm

Amazingly, many teenagers will graduate high school this year with little knowledge about how finances work, flying blind into a hurricane-sized storm of potential debt, bad loans, bankruptcy, and no savings or retirement.

As a parent, you can head this off. To help, the makers of BusyKid, an app that tracks kids’ chores and allowance, are offering families tips and financial basics for getting started.

Thursday, January 31, 2019 - 2:22pm

Everyone knows about scholarships. They’re no-strings-attached money to help students pay for their higher education. Right?

Usually, but not always. In some cases, there are significant strings attached -- including situations in which scholarships are treated as taxable income. While unusual, it’s important for students, their families and scholarship providers to understand all the implications.

Tax Status

Thursday, January 31, 2019 - 2:22pm

Despite rising college costs, a clear majority of families believe higher education is well-worth the investment, and most students and parents are willing to stretch themselves financially to make it happen, according to a new study.

The national study from Sallie Mae and Ipsos, “How America Values College 2018,” found that 66 percent of college-going families believe they are getting a good value for the price they’re paying for college, and 20 percent say college is worth every penny.

Thursday, January 31, 2019 - 2:22pm

One of Laura Hipkiss’ guiding principles as a first-grade teacher at Laverna Evans Elementary School in O’Fallon, Illinois, is to “teach the expectation.” But she doesn’t just do it for her own kids.

As a coach for Positive Behavior Intervention Support — a team that creates ways to help the school community encourage good behavior — she has a direct impact on every single student. “We plan events for the entire school, like assemblies or different quarterly or even monthly celebrations that go along with programs like our Word of the Month,” Mrs. Hipkiss says.

Monday, January 21, 2019 - 1:35pm

St. Louis charter school network Confluence Academies is working on a $20.3 million financing package to help it purchase the buildings that house two of its schools.

Last month, Confluence bought the downtown building that houses Confluence Preparatory Academy from a St. Louis Public Library affiliate for $8.8 million. Confluence has leased the building at 310 North 15th Street from the library for years, and the lease included a purchase option, said the library’s chief operating officer Justin Struttmann.

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