In my years as an educator, I’ve always enjoyed the months of February and March. Basketball tournaments are in full swing, winter mercifully comes to an end and spring (break) is right around the corner. These are also the months when high school seniors begin to solidify their plans and make THE DECISION on where to attend college.
It’s quite a relief to finally answer with surety the two big questions everyone has been asking - “Where are you going to school?” and “What are you going to major in?” I was never so glad to put those questions to bed and that uncertainty behind me. However, the question nobody asks is probably the biggest of them all - “How are going to pay for that?”
Unfortunately, many high school students and their families haven’t adequately thought through that question. They’ve spent so much time on the other two questions they’ve left out the most fundamental aspect of going to school - the fact that it costs money. If they haven’t thought about it until the last minute it can be a very daunting challenge to figure out.
Heck, it’s daunting even if you’ve been planning for years. Have you seen the cost of a four-year degree recently? It’s enough to make even the most financially sound shudder. We started setting aside money for college when my oldest turned five and I still don’t know if there will be enough to cover the costs of four years for four children.
Whatever your situation - whether you’ve been saving for years or have just begun to think about it - you have to develop a plan. With that in mind, here is Part I of two on how to pay for and reduce the costs of a college education.
The Basic Ways to Pay for College
