Today's cost of higher education is rising at twice the rate of inflation, or more; will you be able to afford the cost of your child's college education?
Detroit, MI-"My neighbor has three children who are currently attending college. I just find it unbelievable how quickly time flies; it seems like just yesterday, I was baby sitting for these children!" says Sue Downey of Right Now Marketing Group. College Education costs are increasing exponentially and parents are finding it difficult to fund their children's education. Some have been saving since their child was born, just to find they can barely cover the cost of their first year or two.
Jeffrey Taylor, Your Money Coach, is an expert at college planning solutions for parents. According to the College Board, the price of a four-year public university rose 5.6% in 2005-2006, and four-year private college costs rose 4.8%! As a result, families have been forced to take a hard look at their options. Many are making college choices on cost alone, rather than considering the quality of education; some are forced to use their retirement funds.
Though many high schools across the nation have made the effort to provide families with information about financial aid, the problem remains that a lot of financial aid is in the form of student loans. Furthermore, financial aid does not cover enough of the cost, leaving parents a large balance, especially if they have several children to educate.
The Tuition Rx Program provides solutions to the high cost of education. Their online community of experts researches and compiles the most up-to-date tax, financial and admissions strategies, in order to provide families with the most cost-effective methods to save and pay for college. Free membership is available at http://www.tuitionrx.com
Contact:
College Funding Resources
Jeffrey Taylor
29777 Telegraph Rd; Ste 2500
Southfield, MI 48034
248-230-9668
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