According to a report from the Bureau of Labor Statistics, approximately two-thirds of high school graduates enroll in college the fall following graduation. While most experts agree that a college education affects annual earnings by at least $20,000 (an estimated…
If you have children at home who hope to go to college someday (or someday soon), it’s important to plan ahead financially. College tuition is increasing every year and financial aid is never as generous as one could hope. You…
With the cost of college continually on the rise, few students can cover tuition and expenses without taking out student loans. According to the Urban Institute, 70% of those with a bachelor’s degree have student debt. And though only 15%…
If you already have a private student loan, there are even more ways to reduce your rate, though some may take time. For example, improving your credit score may take several years. But you can also opt to apply with…
The world of investing is a scary place for students with less than $1,000 to their name. Most don’t know where to begin, and the idea of risking hard-earned money that took all summer to save can cause the sweats….
In the 30 years from the 1989-1990 school year to the 2019-2020 school year, college tuition and fees tripled at public universities, according to CollegeBoard.org. And that’s after adjusting for inflation. Public universities charged an average of $10,116 for the…
For many parents these days, saving for their child’s college education seems like a necessity. Financial aid and scholarships rarely cover 100% of the cost of higher education, and with the price of a college education rising along with awareness…
The cost of a college education in the United States continues to rise, and the student loan debt burden has a lot of prospective students worried about their financial futures. Parents can help ease the burden by saving for college costs early,…
Planning for college education expenses early — as in from birth — lets parents spread out the cost and contribute to a child’s higher education without the huge burden posed by an annual tuition bill or years of debt from federal…
Studies continue to show that getting a college degree is a smart financial move. For example, a 2019 College Board report found that for full-time workers, having a bachelor’s degree increased median earnings by 56% compared to having only a…
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