In previous articles, I talked about how summertime is the best time to work on planning your teen’s future. There are many different tasks you and your teen can take on. Click here to read Post-High School Planning: What Your Teen Needs to Do Now, where I share several ideas. An important step in planning is to determine how you’re going to pay for your teen’s post-secondary education. A parent reached out to me after her teen got accepted to her dream school, asking for my help with finding...

Despite a long-term increase, college enrollment has fallen over the past decade. There's a widespread perception that college tuition is too expensive. For most of the US, college tuition has outpaced inflation. Blame has been placed on a decline in state aid to colleges, as well as an increase in administrative staff. More employees = more costs.  As a parent, you can’t stop colleges from raising prices, but you can better understand what components make up the overall cost and how to reduce...

Footing the bill for your child's college education is one of the most expensive parts of being a parent. However, many parents are slashing those expenses in half by sending their teens to a local community college for the first two years of their college career and later switching to a four-year college to complete their Bachelor's degree. How can a community college save you a bundle? 1.    Tuition. According to an article published by US News, the average annual cost of tuition for a...