A child’s education is one of the largest expenses many families face. College tuition and fees are increasing at a faster rate than the general rate of inflation. By the year 2020, the cost of tuition, fees, and room and board at a public college is expected to exceed $100,000. This fact alone makes it imperative to develop a plan to meet these costs. The sooner you start, the less money you’ll have to save per year.
college tuition; financial planning; college planning; return rate