Cost for attending private college is intimidating
August 20 , 2013
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.