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	<title>My College Wallet</title>
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	<description>Wayne Firebaugh, Certified College Planning Specialist</description>
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		<title>There Oughta Be A Law!</title>
		<link>http://www.waynefirebaugh.com/mycollegewallet/2010/07/08/there-oughta-be-a-law/</link>
		<comments>http://www.waynefirebaugh.com/mycollegewallet/2010/07/08/there-oughta-be-a-law/#comments</comments>
		<pubDate>Fri, 09 Jul 2010 00:58:09 +0000</pubDate>
		<dc:creator>Wayne Firebaugh</dc:creator>
				<category><![CDATA[Legislation]]></category>
		<category><![CDATA[college planning]]></category>

		<guid isPermaLink="false">http://www.waynefirebaugh.com/mycollegewallet/?p=102</guid>
		<description><![CDATA[Richard Dawkins, famed Oxford zoologist and atheist, has often said it is impossible to legislate morality. However, more than two years after the beginning of a market meltdown, a Congressional conference committee unveiled a 2,000-page bill trying to do just that. 
This pending legislation represents the most significant changes to financial regulations since the Securities [...]]]></description>
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		<title>So Long, Small S Corporation?</title>
		<link>http://www.waynefirebaugh.com/mycollegewallet/2010/06/25/so-long-small-s-corporation/</link>
		<comments>http://www.waynefirebaugh.com/mycollegewallet/2010/06/25/so-long-small-s-corporation/#comments</comments>
		<pubDate>Fri, 25 Jun 2010 18:46:43 +0000</pubDate>
		<dc:creator>Wayne Firebaugh</dc:creator>
				<category><![CDATA[Tax planning]]></category>
		<category><![CDATA[college planning]]></category>
		<category><![CDATA[S corporations]]></category>
		<category><![CDATA[tax legislation]]></category>

		<guid isPermaLink="false">http://www.waynefirebaugh.com/mycollegewallet/?p=95</guid>
		<description><![CDATA[Managing taxes is an important part of saving for college. S corporations can help manage a business owner’s tax burden because corporate income &#8220;passes through&#8221; to shareholders. 
This means that S corporations don&#8217;t pay income taxes. Rather, shareholders pay the taxes on corporate earnings but not on any cash that is distributed. In addition, shareholders [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>For-profit college? Forget about it!</title>
		<link>http://www.waynefirebaugh.com/mycollegewallet/2010/06/21/for-profit-college-forget-about-it/</link>
		<comments>http://www.waynefirebaugh.com/mycollegewallet/2010/06/21/for-profit-college-forget-about-it/#comments</comments>
		<pubDate>Tue, 22 Jun 2010 01:55:49 +0000</pubDate>
		<dc:creator>Wayne Firebaugh</dc:creator>
				<category><![CDATA[Federal loan programs]]></category>
		<category><![CDATA[Student loan reform]]></category>
		<category><![CDATA[college planning]]></category>
		<category><![CDATA[for-profit colleges]]></category>
		<category><![CDATA[student loan legislation]]></category>
		<category><![CDATA[student loans]]></category>

		<guid isPermaLink="false">http://www.waynefirebaugh.com/mycollegewallet/?p=89</guid>
		<description><![CDATA[The Higher Education Act of 1965 requires proprietary and vocational (read “for-profit”) colleges, other than clearly designated &#8220;liberal arts&#8221; or non-degreed vocational programs, provide &#8220;an eligible program of training to prepare students for gainful employment in a recognized occupation.&#8221; Compliance is a condition for those colleges&#8217; students to be eligible for federal financial aid including [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Prepaid college plans are not a risk-free solution</title>
		<link>http://www.waynefirebaugh.com/mycollegewallet/2010/04/12/prepaid-college-plans-are-not-a-risk-free-solution/</link>
		<comments>http://www.waynefirebaugh.com/mycollegewallet/2010/04/12/prepaid-college-plans-are-not-a-risk-free-solution/#comments</comments>
		<pubDate>Mon, 12 Apr 2010 14:46:45 +0000</pubDate>
		<dc:creator>Wayne Firebaugh</dc:creator>
				<category><![CDATA[Pre-paid tuition plans]]></category>
		<category><![CDATA[college planning]]></category>
		<category><![CDATA[college savings plans]]></category>
		<category><![CDATA[prepaid tuition plans]]></category>

		<guid isPermaLink="false">http://www.waynefirebaugh.com/mycollegewallet/?p=43</guid>
		<description><![CDATA[Thank you for your editorial &#8220;An affordable option for tomorrow&#8217;s  tuition&#8221; (March 28), highlighting the need to begin saving early for  college. As Southwestern Virginia&#8217;s first certified college planning  specialist, I believe that prepaid plans are indeed valuable tools for  many families who struggle to fund their kids&#8217; college. However, the [...]]]></description>
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		<title>Let’s pick on the kid nobody likes</title>
		<link>http://www.waynefirebaugh.com/mycollegewallet/2010/04/06/lets-pick-on-the-kid-nobody-likes/</link>
		<comments>http://www.waynefirebaugh.com/mycollegewallet/2010/04/06/lets-pick-on-the-kid-nobody-likes/#comments</comments>
		<pubDate>Tue, 06 Apr 2010 15:00:32 +0000</pubDate>
		<dc:creator>Wayne Firebaugh</dc:creator>
				<category><![CDATA[Federal loan programs]]></category>
		<category><![CDATA[Student loan reform]]></category>
		<category><![CDATA[student loans]]></category>

		<guid isPermaLink="false">http://www.waynefirebaugh.com/mycollegewallet/?p=31</guid>
		<description><![CDATA[What do you do when everybody hates you? Well, if you’re a Congress with historically low 11% approval ratings, you deflect. Find someone more reviled than you. Fortunately, there is such a group &#8211; the bankers who make student loans.
Guaranteed student loans were historically made by private lenders who were indemnified against some risk of [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>What&#8217;s in it for them?</title>
		<link>http://www.waynefirebaugh.com/mycollegewallet/2010/02/10/529-college-savings-plans/</link>
		<comments>http://www.waynefirebaugh.com/mycollegewallet/2010/02/10/529-college-savings-plans/#comments</comments>
		<pubDate>Wed, 10 Feb 2010 20:35:38 +0000</pubDate>
		<dc:creator>Wayne Firebaugh</dc:creator>
				<category><![CDATA[529 plans]]></category>
		<category><![CDATA[college planning]]></category>
		<category><![CDATA[college savings plans]]></category>
		<category><![CDATA[college tuition]]></category>

		<guid isPermaLink="false">http://www.waynefirebaugh.com/mycollegewallet/?p=20</guid>
		<description><![CDATA[529 plans are the best way to save for college. When I hear someone proclaim this as fact, my inner 12-year-old screams, &#34;Says who?&#34; Well, it seems that most everybody says so. In fact, I once had a senior tax partner at one of Virginia&#8217;s largest CPA firms tell me that he &#34;recommends 529 plans [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Pre-paid tuition plans: don’t trust the government</title>
		<link>http://www.waynefirebaugh.com/mycollegewallet/2010/01/04/pre-paid-tuition-plans-dont-trust-the-government/</link>
		<comments>http://www.waynefirebaugh.com/mycollegewallet/2010/01/04/pre-paid-tuition-plans-dont-trust-the-government/#comments</comments>
		<pubDate>Mon, 04 Jan 2010 22:53:04 +0000</pubDate>
		<dc:creator>Wayne Firebaugh</dc:creator>
				<category><![CDATA[Pre-paid tuition plans]]></category>
		<category><![CDATA[college planning]]></category>
		<category><![CDATA[college tuition]]></category>
		<category><![CDATA[prepaid tuition plans]]></category>

		<guid isPermaLink="false">http://www.waynefirebaugh.com/mycollegewallet/?p=1</guid>
		<description><![CDATA[At first blush, pre-paid tuition plans seem like a pretty good deal, especially with interest-bearing accounts giving little and tuition rising 6 to 7 percent a year.
Prepaid tuition plans, one type of 529 Plans, allow families to buy all or part of a public, in-state education at present-day prices. The value of the investment is [...]]]></description>
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