college expenses: 3 Things You Can Do to Better Prepare for College Expenses
- 06/25/18 07:07 AM
In the last 10 years, students themselves have gone from paying 30% of college costs, to paying close to 50% of their own college costs. This has resulted in driving up the outstanding student loans in the US from $350 billion to a staggering $1.2 trillion over the past 10 years. The interesting thing is that high-paying jobs are certainly no guarantee after college, and 11.1% of all student loans were more than 90 days delinquent in the first quarter of 2015. Here are three things you can do right now to help your children or grandchildren prepare for the first … (4 comments)
college expenses: How Much Does College Cost These Days?
- 04/09/18 07:19 AM
According to the College Board, the average total costs (including room and board) for a four-year public in-state school is a whopping $21,447 per year. That amounts to $85,788 over four years.
Average costs skyrocket to a whopping $42,224 per year for a four-year private education! The perfect storm here is that college costs have increased dramatically, while state funding for college has declined by similar leaps and bounds over the past several years. That's one reason why it's more important than ever before to consider these costs as you create a mortgage and cash-flow plan for your family.
In the last 10 years, students themselves have gone from paying 30% of college costs, to paying close to 50% of their own college costs. This has resulted in driving up the outstanding student loans in the US from $350 billion to a staggering $1.2 trillion over the past 10 years. The interesting thing is that high-paying jobs are certainly no guarantee after college, and 11.1% of all student loans were more than 90 days delinquent in the first quarter of 2015. Here are three things you can do right now to help your children or grandchildren prepare for the first … (4 comments)
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