Helping children achieve their dreams through college education is likely on every parent’s wish list. However, planning and saving for college education is one of the biggest expenses of their lifetime, alongside retirement planning and buying a home. Here you can learn the basics about college costs and various considerations and ways to pay for them.
At Eureka Wealth Solutions, we can help you evaluate your options as you financially plan for college, while also staying on track for other goals, big and small. We can also recommend specialists in the areas of student college planning, test preparation, and applying for scholarships and other financial aid resources.
Figure 1: Historical College Costs
Figure 2: College Funding Sources
Figure 3: Federal Student Loan Interest Rates
Figure 4: Household Savings by Account Type
Figure 5: College Savings Used Annually
|College Savings Considerations||College Savings Vehicles to Consider|
College Planning is part of our comprehensive Financial Planning and includes:
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