NEXT Financial Group Representatives Offer Financial Planning for Non-Traditional College Students
More older Americans are enrolling in college than ever before, often prompting the need for careful financial planning. Representatives of NEXT Financial Group are working to assist non-traditional students in preparing for their future.
Houston, TX (I-Newswire) August 6, 2012 - As the fall season approaches, kids throughout America are preparing to return to school—but according to a new report from TIME Magazine, back-to-school season is hardly just for children anymore. Older Americans are deciding to enroll in college and pursue higher degrees or just take a few classes. According to TIME, many of these non-traditional college enrollees are finding it necessary to rethink their long-term financial planning, ensuring they can pay for classes without amassing debt. The report has won the attention of independent broker-dealer NEXT Financial Group Inc., a company whose representatives deliver financial planning services to businesses and individuals across the country, including many non-traditional college students
TIME reports that in 2010, 43 percent of college students were older than 25—a 16 percent increase since 2007. The article notes that these older students “almost always have more financial commitments and obligations” than traditional college enrollees, including a “mortgage, car payment, retirement savings, [and] college funds for [their] own kids.”
NEXT Financial Group, an independent broker-dealer based in Houston, has representatives across the country, many of them eager to provide financial planning services to individuals from all walks of life—including many adult college students. NEXT Financial Group has responded to the TIME report with a new statement to the press.
“A college education has become increasing important in today’s job market,” says Barry Knight, president of NEXT Financial Group. “Many of our representatives are assisting non-traditional college students map their plan for financial success, helping to alleviate the burden of financial woes during a season in life that should be an extraordinary learning experience.”
Alleviating financial burdens among adult students is a noble goal, as TIME indicates that student debts are even more treacherous for older Americans than they are for more traditional college students. Taking 10 or 12 years to pay off loans is much easier for a 20 year-old than it is for someone in his or her 40s, the article suggests. Even so, mounting college debts are hardly uncommon among these non-traditional students. TIME says that Americans over the age of 60 hold more than $36 billion in college debt, while roughly 20 percent of all student loan debt belongs to those above the age of 50.
NEXT Financial Group Inc., works with independent financial professionals across the country. The company’s team of Representatives works largely with business owners and entrepreneurs, and is adamant about supplying their representatives with the resources they need to turn their visions into realities. NEXT’s representatives also work with many individuals on their personal financial planning.
NEXT Financial Group Inc. Member FINRA/ SPIC is a broker-dealer based in Houston, Texas, serving the needs of financial services representatives throughout the country. The company prides itself in helping business owners enjoy success and financial independence. The company was founded in 1999, and is currently led by President Barry Knight. More information about the company can be found online at www.nextfinancial.com. NEXT Financial Group Inc. is located at 2500 Wilcrest Drive, Houston, TX 77042. For more information, call 888-876-6398.
About NEXT Financial Group, Inc.
NEXT Financial Group, Inc.
2500 Wilcrest Drive, Suite 620
Phone : 713 375 2612
Published On:August 6, 2012
Print Release:Print Release
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