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Cost for attending private college is intimidating

  • Today's parents preparing to pay for their child's tuition are relatively lucky since the total cost to attend a 4-year private school could rise up to $500,000 in the future. 

    This, however is manageable if parents start early. A financial planner of JJ Burns & Co. recommends signing up for rewards programs such as Upromise. Such programs generate cash back in an account for college savings. The money might not seem too much on a daily basis but saving money over a period of 18 years could end up making a big difference. 

    The total amount of money that parents need for their kids' higher education could also not be as intimidating. Depending on the college that a child wants to attend combined with the scholarship money could reduce the total amount substantially. 

    Tagged as: College tuition, Parents saving college tuition, Upromise, College Education, Business News