College Aid 101
If your children are destined for college, one thing is certain: You can expect to write some large checks to pay tuition, room, board, and other expenses. Although inflation is relatively dormant in most areas of the economy, it’s running wild on university campuses. According to the College Board, the cost of higher education is up roughly 5% from a year ago. In the 2009–2010 academic year, the average cost of a year at a private university was more than $35,000.