A recent survey by the College Board revealed the budget for an in-state public college last year averaged $25,290.
And a moderate budget at a private school last year averaged $50,900.
Suppose you have three kids bound for college a decade from now. At the rate which college tuition costs are rising and tuition aid formulas changing, you’re looking at spending, over the course of 4 years, close to $900,000!
If you can’t figure out how to slash the costs of your child’s education, you’re going to get crushed. And good luck asking your boss for a $1 million bonus.
Lucky for you, I’ve been doing some research on this and found three ways I believe you can significantly lower the costs of getting your child a post-secondary education. Here’s what I found: