Saturday, September 20, 2014
Devising Solutions for College Funding: Knowing When to Hire a Specialist
With so many things to do, parents do not always have enough time and means to determine the exact cost of a college education until they are to be paid for. According to the article, parents also tend to forget that students too would have to make their own financial decisions and need to be guided. As a result, both parents and children end up making bad financial decisions. In dealing with these financial problems, preparation is key. Parents, when it comes to devising college funding solutions, need to be guided just like their children. If students can be taught to be financially literate, parents, too, can be taught ways on how to minimize the cost of sending them to college. This is where a college-fund specialist plays an important role.