Sunday, July 20, 2014
Bad Habits by Parents that Make College Financial Planning a Pain
Effective college financial planning is a pretty hard thing to accomplish these days for some parents in the U.S., mainly because the price tag for a good collegiate education is getting pricier. According to a report by US News’ Geoff Williams, American parents have to raise money to afford college with in-state public college tuition averaging at $8,893 during the 2013-2014 academic year. Williams also points out the heftier sums that parents have to pay when they decide to send their children to private schools, “You’ll have an even tougher time if you want to send your child to a private school. The average cost for tuition and fees at a private college during the last academic year was $30,094,“ said Williams.