Children are constantly asked what they want to be when they grow up. Veterinarian. Artist. Teacher. And as a parent, you desire your children to have the best possible education so that they can fulfill their own dreams. You want nothing to stand in their way, especially financial worries.
The Cost of Learning
Funding a college education is one of the most significant gifts you can give a child, but unfortunately, it can also be one of the most expensive.
The average cost of one year of school (tuition, fees, and room and board)*:
Public School $13,833
Private School $29,541
Add to that the historical 5% average inflation increase for college costs and these prices can skyrocket.
The average cost of four years at a public school (tuition, fees, and room and board)*:
Year 2021 $143,484
You're not the only one that thinks a financial goal like this is somewhat bewildering. But with attentive planning and early saving, it doesn't need to be.
Visit our contact page and we can help you with your savings goals and make sense of the different types of the college savings plans available. We can also help you discern investment options and see if you qualify for financial aid.
*Source: The College Board Trends in Pricing 2003