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Paying for a child's college education isn't getting any cheaper. For example, the average cost per year for tuition and room and board at a private U.S. University currently hovers at almost $25,000 per year. In just 18 years that cost is projected to skyrocket to over $60,000.* With such a hefty price tag, it's important that you investigate all of the opportunities that can help you reach your college saving goals.
The first step to proper planning is determining your goals, and our college calculator is
designed to get you started with that process. Click here to calculate your plan.
Next you'll want to determine your resources, and a First Midwest Banker is a good starting place to learn more about the savings strategies that can help you reach your goals. Just keep in mind that the test you face in investing for your child's future education is one you'll want to study for in advance.
Return to Seven Financial Needs
Not FDIC insured. * Source www.salliemae.com
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