EDUCATION PLANNING
Education planning is, not only, saving for college, but also determining what the cost of college will be when your child reaches college age.
Budgeting for a small portion to be set aside and invested for your child's future is a good first step. But will that be enough? We can help you calculate how much you will need to set aside each month, taking into account the increasing cost of higher education.
According to collegedata.com, the average cost of college in 2022 is:
WHAT EXPENSES GO INTO THE COST OF COLLEGE?
Generally, colleges include the following expenses:
- Tuition and fees
- Room and board
- Books and supplies
- Transportation and personal expenses