Financial Specialist Shares Ways to Help Your Child
While Protecting Your Retirement

From $20,000 to $65,000 a year - that's the tuition cost for one year of college, says John McDonough, a money expert who helps retirees and parents plan for their families' futures.

"For the 2012-2013 academic year, the average cost for an in-state public college is $22,261. A moderate budget for a private college averaged $43,289," says McDonough, CEO of Studemont Group College Funding Solutions, www.studemontgroup.com. "But for elite schools, we're talking about three times the cost of your local state school. Either way, your kid's higher education can easily shoot into six figures after four years."

Along with worrying about rising tuition prices, parents also fear for their own futures if their retirement savings are drained by children's college costs, McDonough says. Only 14 percent, for example, are very confident they'll have the money to live comfortably in retirement, he says, citing a 2012 survey by the Employee Benefit Research Institute.

"Families feel they're faced with conflicting goals, but there are numerous ways to pay for college while investing in your future retirement," says McDonough, who offers insights for parents to keep in mind while planning for their child's education:

• The ROI of a college education: At a time when so many American families are financially strapped, college is an especially stressful topic because parents know higher learning will help their kids succeed. College graduates earn 84 percent than those with only a high school diploma, according to Georgetown's Center on Education and the Workforce. Here is how earning breaks down over one's life time, based on education: a doctoral degree-holder will earn $3.3 million over a lifetime; $2.3 million is estimated for a college graduate; those with only a high school diploma can expect $1.3 million.

• Move retirement assets to qualify for grants: Most parents know about the 529 savings account, but that's not necessarily the best or only option. Reallocating your retirement assets, such as 401(k)s, can better position a child to qualify for grants and scholarships. This legal and ethical maneuvering may be the single most important factor when considering how to pay for college.

• Know your student's strengths and weaknesses: Consider independent and objective analysis of your future college student. Assessment might include a personality profile and a detailed search for a future career. Also think about a more nuts-and-bolts approach, including scholarship eligibility, SAT and ACT prep courses, review of admissions essays and an in-depth analysis of chances for enrollment in a student's top four choices of colleges.

• Make a checklist of financial aid forms: In order to maximize a fair price of higher education, remember there is plenty of data to review. McDonough recommends a checklist with a timeline and notable deadlines. Be ready to troubleshoot the "alphabet soup" of data forms: FAFSA - Free Application For Federal Student Aid; CSS profile - College Scholarship Service; SAR - Student Aid Report; and more. Think about this process as a second job, or find professional help you can trust.

About John McDonough

John McDonough is the managing member at Studemont Group, which is primarily focused on helping retirees gain peace of mind with unique market rescue and recovery programs. He is also founder, president and CEO of Studemont Group College Funding Solutions. His experience in the financial services industry includes managing partner at Granite Harbor Advisors in Houston and divisional vice president of AXA Equitable/AXA Advisors, the third largest insurance company in the world. McDonough is a member of the prestigious Forum 400, a qualifier at the Court of the Table qualifier for Million Dollar Round Table, an active member in National Association of Insurance and Financial Advisors and Society of Financial Service Professionals, as well as American Association of Life Underwriters. He has completed the course work to sit for the Certified Financial Planner® professional designation exam from Rice University.

The 29th annual Mississippi Valley Blues Festival is less than three weeks away, but the event is still seeking volunteers.  Workers are needed for all positions, especially for the later shifts, hospitality, and set up and tear down.  The Festival happens July 4-6 in Davenport's LeClaire Park.

The Mississippi Valley Blues Festival could not survive without the work of its volunteers.  Those who sign up to work a 3 to 4-hour shift will receive:

•           Free Admission

•           Free Fest T-Shirt

To register, go to www.mvbs.org and click on BluesFest, then Volunteers.  That will take you to the registration page.

Or call the MVBS office at 563-322-5837.

The Mississippi Valley Blues Festival is produced by the non-profit Mississippi Valley Blues Society.  The 2013 lineup features the usual mix of up-and-coming blues stars as well as legends, with 27 acts on two stages.  Featured headliner is the Kenny Wayne Shepherd Band playing on the Bandshell Saturday July 6.

Advance tickets for the 2013 BluesFest are available through June 30 at all Quad-City Hy-Vee stores, Hy-Vees in Clinton and Muscatine, Muddy Waters in Bettendorf, Rascals in Moline, Martinis on the Rock in Rock Island, through the MVBS office at 563-32-BLUES, and online at mvbs.org.  Advance tickets are only $15 per day;  tickets at the gate are $20 per day.

There are also a special discount tickets for active military and veterans, available through June 30 only at R.I.A. Federal Credit Union locations.

Author pens new book about life before and after an abortion

FORT MADISON, Iowa - The impact of Roe v. Wade in 1973 continues to affect public debate and personal lives. In her new book, "Spirits" (published by AuthorHouse) Paula Graham takes her teaching experience and turns it into a story of the effects of abortions on the lives of four people.

"When I was teaching middle school classes, one of the girls had an abortion," Graham explains. "She came to see me one day and told me that her mother had put her on birth control. This made me extremely sad to see the change in her life after she had the abortion."

In Burlington, Iowa, two unmarried couples, Emma and Jake and Chris and Sarah, make the decision to terminate their pregnancies. The decision changes their lives and how they deal with the ghosts of their pasts.

Graham hopes to draw attention to the after-effects of abortion and how it may impact the rest of a person's life. "Abortion is a very major topic in the national debate and raises extremely passionate emotions in everyone."

"Spirits"

By Paula Graham

Softcover | 5 x 8in | 116 pages | ISBN 9781587216947

Available at Amazon and Barnes & Noble

About the Author

Paula Graham is a retired school teacher. She has four children, seven grandchildren and three great grandchildren. An avid reader, she checks out books and magazines by the sackful from her small-town library. Graham has also published a book of poetry, "Poems Forever."

. For the latest, follow @authorhouse on Twitter.

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Davenport, IA - This weekend, the Quad Cities will welcome back more than 40 former Hawkeye football players to coach and take part in a Legendary weekend, which begins with a special camp for area disabled youth. On Friday, June 14 at 2:30 p.m. nearly 50 disabled youth in the Quad Cities will gather at Brady Street Stadium in Davenport to practice football with the best, play games and experience prime field time.

Highlights of the All Stars Camp include :

  • One-on-one helmet fitting

  • Special take home HAVlife™ jerseys for all participants

  • Skills and games coached by Hawkeyes including current and former NFL players

  • Autographed take home helmets for all participants

Sponsored by Rock Valley Physical Therapy, CEO Mike Horsfield explains, "Our company has always been a big supporter of the Legends of Iowa Football Camp and the HAVlife™ Foundation. We thought it would be wonderful to provide this experience to our area's disabled youth. For many, this may be their first time to participate in a football camp, a very memorable opportunity for all of us involved."

The Legendary weekend will continue with a fundraiser event at Jumer's Casino & Hotel on Friday evening. Guests will have the opportunity to meet and greet with coaches as well as take photos and get autographs from coaches. The event is open to the public, tickets are $50. Details are available at HAVlife.org. On Saturday, June 15 the 3rd annual Legends of Iowa Football Camp will be hosted at Brady Street Stadium. The camp will be for all youth entering grades 5 - 10 in Iowa and Illinois. Details are also available at HAVlife.org.

 

The Legends of Iowa Football Camp program was established by the Iowa Football Club in 2011. The Iowa Football Club is a non-profit organization, whose members are all former University of Iowa football players and football department staff members. The club's mission is to provide a camp opportunity to help youth be successful on both the playing field and in the game of life. For more information visit www.legendsofiowa.com.

 

HAVlife™ was established in 2007 in honor of Hunter Aaron Vondran, who passed away at the young age of 13 due to injuries sustained in a tragic accident. The organization serves to prevent lost potential of youth through sponsoring participation scholarships in the areas of music, arts and athletic programs for at-risk youth in the schools and community. To date the foundation has raised and granted over $350,000. For more information visit www.havlife.org.

The German American Heritage Center has openings for volunteers as listed below - here is a chance to tackle a specific assignment and really help out where you are needed.  We can't see your hand shoot up, so give us a call or e-mail us today and we will get things going!  kelly.lao@gahc.org or 322-8844.

Sister City Committee Volunteer

For many faithful years, Ruth Reynolds has been the GAHC representative on this Davenport City committee. She has asked that someone else take her place. Perhaps you have had personal contact with Kaiserslautern, our sister city in Germany? That would be ideal, but no experience is actually required. If you have an interest in international issues, arts and culture this would be a great opportunity for you to serve. Meetings are held the first Tuesday of every month at 4:00 p.m. at City Hall.

 

Event Volunteers

River Roots Live  Agust 16, 5:00 - 8:30 p.m.

GAHC will need 15 genial volunteers to staff a beer tent at the annual River Roots Live festival. Duties include serving drinks and selling the scrip tickets which are used to purchase them. GAHC will receive all the generous tips that patrons put in the tip jars during this shift. A short stint that is long on fun, gives GAHC a boost and gets our presence out in the community. Volunteers for this duty must be 21 years old. Call us or e-mail today and get signed up !!

 

Painting Volunteer

Many of the interior windows and sills on the 4th floor are in need of a fresh coat of paint; they take a beating all year from sun and temperature factors. If you like to paint trim we would truly appreciate your help. Work at your own pace, alone or with family and friends.  Great fringe benefits include occasional treats and all the polka music you could want, at whatever volume you want!

GROVE CITY, PA (06/12/2013)(readMedia)-- Caleb Chovan graduated from Grove City College on May 18, 2013. Caleb earned a BS Mech. Engineering degree in Mechanical Engineering. Caleb is a 2009 graduate of Pleasant Valley HighSchool and is the son of Mr. and Mrs. Paul Chovan (Janet) from Bettendorf, IA.

A senior class of 592 students earned degrees during Commencement exercises. Delivering this year's Commencement address was retiring Dean for the Alva J. Calderwood School of Arts and Letters Dr. John Sparks '66.

Founded in 1876, Grove City College stands on its founding ideals of faith and freedom, made possible by an unwavering commitment to Christian principles and rigorous academics at a price within the reach of families with modest means. The College, located 60 miles north of Pittsburgh, Pa., has an enrollment of 2,500 students and teaches the liberal arts, sciences and engineering. It is an advocate of the free market economic system and accepts no federal funding. Tuition is about half the national average for private colleges. Grove City College has been named the Top Value in Private Liberal-Arts Schools by Consumers Digest Magazine. The Intercollegiate Studies Institute has named the College one of 50 All-American Colleges, ranking it high for increasing students' civic literacy. Grove City College has been named a Best Value and one of the best colleges in America by Princeton Review and U.S. News & World Report. The Young America's Foundation calls Grove City College one of the Top Conservative Schools in the country.

Pick up your free travel notepad (while supplies last) and make a note to attend these free programs:

Historic Tour of Riverside Cemetery, Moline:  7:00 pm. 7:00 pm, June 17 at Riverside Cemetery. Explore the fascinating history at two of the Quad Cities' oldest cemeteries. Registration is requested but not required: Call

Close-up photo of mourning woman statue at Chippiannock Cemetery

732-7341 to do so. If you find you're available that night, meet the tour group at the cemetery's 5th Avenue entrance.

 

Movie Flick: Sink your teeth into free popcorn and a movie based on a book. 5:30 pm, June 18, Main Library. We can't tell you the title here, but here's a tip: Great white shark, plus summer beach-goers equal a classic film with lots of action beneath the surface. (Novel by Peter Benchley.)

 

Learn how to use new technology and new library services next week, too:

Downloading Music with Freegal: 6:30 pm, June 19,

Main Library. Yes, now you can download free music with your Rock Island Library card and an Internet connection. You do have to be a Rock Island Library cardholder to use this digital service.

 

Using Your Tablet: 2:30 pm, June 20, Main Library (For users of Android devices only.) Do you have a new tablet PC or a new Kindle Fire HD tablet? Want to learn more about what you can do with it? Join us for a free how-to session.
Make sure you bring your device - this is a hands-on session, and the library will not supply devices for use.(Have an Apple tablet? Join us in July for a session just for you.  Details at left.)

295 Cadets to Graduate with GED June 15 at Prairie Capital Convention Center in Springfield

SPRINGFIELD, IL (06/12/2013)(readMedia)-- Listening to Lincoln's Challenge Cadets talk about their experience in the structured, quasi-military academy in Rantoul, Ill., a common theme emerges from the nearly 300 young men and women who are about to graduate June 15.

"This place saved my live," said Cadet Javier Campos, 18, from Grayslake, Ill.

"If I didn't complete this, I know I wouldn't complete anything else in life," said Cadet Erin Keegan, 17, of Downers Grove, Ill., and the salutatorian of the class graduating on June 15.

Lincoln's Challenge Academy (LCA) is an Illinois National Guard-administered launching platform for Illinois' at-risk youth that provides Cadets with essential life skills and educational requirements to be successful in today's society. Since LCA began in 1993 as a pilot program, more than 13,000 Cadets have graduated with more than 75 percent earning a GED, making it the most successful Youth Challenge program in the nation.

While both Campos and Keegan said the 22-week residential phase of LCA has given them renewed confidence and instilled improved self-discipline and work ethic, they acknowledge the program is not for everyone.

"This program doesn't work for 100 percent of people, but those few people that take everything to heart and that listen and that learn, they will go places," said Campos.

Keegan, who scored a 3,800 out of 4,000 on the GED exam, the second highest score ever for an LCA Cadet, said being successful at LCA depends on the individual.

"A few things play into it. First is personality and how the individual's personality fits with the military lifestyle. Second is your willingness to change," said Keegan.

LCA is completely voluntary and Cadets can quit the program at any time. Cadets come from different backgrounds, from 115 communities across the state, and for various reasons.

Campos said he was estranged from his mother, living on his own, and performing poorly in school when his Grayslake Central High School dean arranged a meeting with his mother in the dean's office to suggest LCA as an option to get Campos back on track.

"He sat us down to talk and I asked my mother if we could forgive each other. It didn't work out and she left," said Campos. "I sat there in shock. I broke down and felt like I had nobody. The dean said 'you need to trust me, this is something you need to do.'"

Other Cadets were good students and involved in their high school, but strained relationships with their parents led them to LCA.

"When I found out my mom made the decision to send me to Lincoln's Challenge, all I could think about was my Downers Grove South High School teachers and my friends, my cap and gown, my class ring," said Keegan. "To not get to walk across the stage and receive my diploma, to leave that behind was hard. Now, I know it was the right choice. Without LCA I couldn't have learned what I've learned-self discipline-but I still miss Downers Grove South."

If the Cadets had found life to be a challenge before LCA, the challenge that awaited them at the academy proved to be cathartic.

"It was a shock. I had seen military situations on TV and, before I got here, I thought 'I'm big stuff, this will be easy." said Campos. "I was confronted with not only physical challenges, but also emotional challenges. The Cadre tell you how it is. They've been through what we've been through. They're honest and you can relate to them."

During the residential phase Cadets get a $10 per week allowance and, like most high schools, have an array of extracurricular opportunities including yearbook, student council, intramural sports, chorus and band. After the residential phase, the 12-month post-resident phase pairs the Cadets with mentors in their communities to provide positive, continued support. On average, after graduation 49 percent of Cadets go on to get jobs, 34 percent attend college, 12 percent join the military and 5 percent pursue other opportunities.

Keegan plans to study creative writing and performing arts at North Central College in Naperville, Ill. Campos plans to enlist in the Marine Corps and specialize in military intelligence.

Both said they would recommend LCA to young people they see fit.

"Definitely," said Keegan. "I made the right choice. Staying at home I wouldn't have gained the necessary skills for the real world...self-discipline, time management, motivation for life. My habits are much better than they used to be."

Approximately 295 Cadets will graduate from the 40th Lincoln's Challenge Academy class June 15 at 11 a.m. at the Prairie Capital Convention Center in Springfield.

CANTON, MO. (06/12/2013)(readMedia)-- Culver-Stockton College is proud to announce its President's List, Dean's List and Honor Roll for the spring 2013 semester. To be named to an honors list, students must meet high academic standards established by Culver-Stockton.

Ian Sodawasser, senior musical theatre major, from Davenport, Iowa was named to the Dean's List. Sodawasser is the son of Kristine Oswald of Davenport, Iowa, and Tim Sodawasser of Warrenville, Ill.

James Granack, senior sport management major, from East Moline, Ill. was named to the Dean's List. Granack is the son of Annette Granack of East Moline, Ill., and John Granack of Bettendorf, Iowa.

Maribeth Hartmann, junior psychology major, from East Moline, Ill. was named to the Dean's List. Hartmann is the daughter of Jane Kettering of Milan, Ill., and Chris Hartmann of Milan, Ill.

Sara Allen, junior elementary education major, from Rock Island, Ill. was named to the Honor Roll. Allen is the daughter of Karl and Tina Allen of Kailua, Hawaii.

President's List students have earned a 4.0 GPA and were enrolled in a minimum of 12 hours. Dean's List students have earned between a 3.5 and 3.99 GPA and were enrolled in a minimum of 12 hours, with no grade lower than a C. Honor Roll students have earned between a 3.2 and 3.49 and were enrolled in a minimum of 12 hours, with no grade lower than a C.

Culver-Stockton College is a four-year residential college located in Canton, Mo.

Somber and sincere, Catacomb Fires is the latest, greatest release from Des Moines' very own Diamonds For Eyes. Joshua Putney's evocative vocals march down deep below the surface of the earth into some sort of crevasse where all of your darkest fears become very real. Putney's foreboding aura is meshed with the well-written, reflective sound of the rest of the band as they carry this gem of an album from start to finish like a mid-summer night's parade.
No Lament For True Lovers kicks off with a radio alert that says police are investigating a case in which a 23-year old newlywed has been found dead in a West Des Moines cellar. Featuring husband and wife band-mates, this video will string you along for the ride as Kristen Putney (bassist) ensnares her husband into a journey of life and death.
Take a peek at the video here

Pick up your copy of Catacomb Fires, now available on Bandcamp and through Maximum Ames Records.

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