There’s 73 million children Living in America today and the choices they make will impact the future of your family. Unfortunately, there’s no single formula for success. However, there is one proven path that provides lifelong advantages, the path of higher education.
3 Advantages of Having a College Degree:
- College graduates have lifetime earnings 84% greater than those without a degree.
- College graduates tend to live healthier Lifestyles.
- College graduates have increased job satisfaction and stability.
Difficulties Paying for College:
Today most American families face growing problems paying for college. Over the last 30 years College tuition has increased nearly three times the rate of inflation. Access to Grants and scholarships is on the decline and student loan debt has ballooned over 500% in the past 10 years. In fact, student loan debt is now approaching one trillion dollars.
Over the last 30 years College tuition has increased nearly three times the rate of inflation.
While some can fund their children’s entire education most families rely on multiple sources to pay for their college expenses. Still, over 60% of families don’t have a college saving strategy.
3 Things You Need to Know:
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How Much Will College Cost?
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What Do You Need to Save?
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Where to Invest?
It’s never too early to start planning for your children’s education but it can be too late. Learn how much College will cost and what you need to save so you can put your children on the right path to success.
If you need help creating a college savings strategy feel free to send me an email at sweiss@weiss-financial.com.
Mahopac Money 