Did you know that raising a child till the age of 18 will cost you roughly $245,000? Of course, by the time they reach that age, they’ll be graduating from high school, so you’ll be facing yet another major expense: college tuition fees. According to estimates, the average cost of sending a child to an in-state public college is about $22,826 for the 2013-2014 academic year alone. If you want to send your kid to a private school, bump up that figure to around $44,750. That’s a lot of money for college tuition fees.
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