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To save on room and board, consider a housing purchase. One way to trim this cost—and possibly turn a profit—is to buy your child a place to live near campus. In many markets, housing prices are appealingly low, even in some college towns. When your student graduates, you might sell the property at a gain.
Most students finance their education with borrowed funds. According to FinAid.org, 65.6% of students graduate with education debt, and of students who attend private college, 72.8% graduate with debt. The average amount of money owed by African American students leaving school is $19,800. For those who don’t have enough ready cash, Uncle Sam has a federal loan program that may provide an answer, but it pays to be an educated consumer.
It’s great that you’re still basking in the warm, proud glow of your child’s high school graduation. Brace yourself, though. Come autumn, the cold realities of paying for college are sure to come rushing in. As you’re no doubt aware, higher learning comes at a high price. The latest report from the College Board puts average total charges at $14,333 a year for public colleges and $34,132 for private schools. But there’s no need to worry.
Oprah Winfrey and Coca-Cola are probably two of the most recognizable brands in the world. Now, it’s time for students to take note since it may be the difference between...
Federal Reserve Chairman Ben Bernanke will lecture and hold a forum with students at Atlanta’s Morehouse College tomorrow. “This is an opportunity for our students to gain a better understanding...
