Tuition Insurance Can Bring Peace of Mind
Your child’s college education is one of the biggest purchases you will make in your lifetime. Whether it’s the $15,000 a year you are spending on a public school in your state, or the $35,000 or more you are bleeding for a private school clear across the country, that expenditure is a substantial drain on the family budget.
The Role of Grandparents in Saving and Paying for College
sallie mae, how america pays for college, figure 11 It's been known for a while that grandparents help their grandchildren to save and pay for college. But what is that role exactly? Little has been known before. For instance, in Sallie Mae's How America Pays for College, grandparents are lumped into a category with friends and other relatives. In all, this group contributes 5%. Such data tells us little about the role of grandparents. However, a new Fidelity Investments illuminates the generosity of grandparents when it comes to college savings.
SAT Scores: Setting Goals – What SAT Score do I want (or need)?
"Desire is the key to motivation, but it's determination and commitment to an unrelenting pursuit of your goal - a commitment to excellence - that will enable you to attain the success you seek." - Mario Andretti
Should we consider some schools’ enormous costs as discounted?
image by flickr user davepearson, cc license If you were to google "why is college so expensive," you surely wouldn't be at a loss for links to click. A confluence of known changes in higher education (including public funding cuts, new facility and technology costs, administrative 'bloat'), possibly some disputed changes (most notably financial aid and federal student loans), and surely some other factors (like the continued belief that, despite rising costs, college is worth the investment) have worked together to make college 1,120% more expensive than it was 30 years ago. However, is it possible that certain expensive schools are worth far more than their sticker price? That's the investigation of this piece by NPR's Planet Money.