Paying for College and Other Education
Tuition, room and board at the nation’s best colleges and universities can easily top $50,000 per year. So how do you save enough to pay for a quality education when a four-year degree can cost nearly a quarter of a million dollars? As always, we start by looking at how much you may actually need. For example, if your daughter is in 7th grade, we’ll show you how much you can expect to pay for college by the time she’s ready to graduate high school. Once we determine what you need, we can talk with you about how proper planning today may help you in the future. Most importantly, we will review the many options you have when it comes to saving for future educational expenses, including:
- 529 plans
- Coverdell ESAs (Education Savings Accounts)
- UGMA / UTMA custodial accounts
Whether you’ve already decided on the Ivy League, or you just want to know what you can afford, we can answer your questions about paying for college, and show you how to give your loved ones the education they deserve.
Contact us today if you would like some help planning for education.