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February 2021

Five Ways To Make College More Affordable

By | Financial Planning | No Comments

It’s that time of year—the potential of receiving a college acceptance letter makes checking the mail a little more exciting than usual. The cost of college has jumped four times as fast as the rate of inflation over the last ten years. The numbers facing students (and their parents) are staggering. College is expensive and can leave graduates suffering under a huge financial burden well into their professional lives. It’s bad enough that the cost of higher education creates such a burden for students, but families can also suffer. Parents who foot the bill for their children’s education can find themselves unwittingly making tradeoffs with severe consequences for their own retirement. So how can you help your child get through college without sacrificing your retirement?

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