Helping kids appreciate money
If you’ve been to college, are in college or are planning to go, you know that a college degree can cost enough to affect your personal finances for years – sometimes for life. Here are some facts and figures about college, tuition, and some creative ways that students can pay for their degree.
Read MoreSR Education Group is an organization that takes college affordability very serious. They are striving to be the most authoritative online resource to help students choose the best school for their career aspirations and budget.
Read MoreYour children may be toddlers, preschoolers, or only in their elementary years, but it’s never too early to begin saving for their college. College is still a good investment in your child’s future. According to the U.S. Census Bureau, “people with four-year degrees earn nearly twice as much as those with high school diplomas.” Fortunately, there are many resources available to guide parents along the path of saving for college.
Read MoreAlthough times are better now than they were five years ago, colleges and universities continue raising tuition costs. According to Bloomberg, tuition and fees for public institutions rose 4.8 percent in 2012, to an average of $8,655 per academic year. Nonprofit private colleges didn't increase as much — 4.2 percent, but now average $29,056 per year; or around $116,244 for a four-year degree.
Read MoreThe price of college continues to go up; around $9,000 for tuition and fees alone at four-year undergraduate schools, and $35,000 or more at private schools, according to the College Board. Be sure there are no surprises; discuss these costs with your children, decide what they will be responsible for and get them on board (a FamilyMint.com account with a college goal is an excellent place to start!)
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