What I thought I was going to do, is exactly the wrong thing to do… so where do I go from here? Can you help me? |
Without proper guidance and education, most parents of college bound students will follow this path when paying for college. First, they will spend what they’ve saved specifically for college. Next, they will begin seeking borrowing opportunities and often discover house equity or retirement funds to be the most obvious and available sources. Third, a family considers adding part time work, starting a side business or other forms of added income. FINALLY, when all hope is lost, a family may consider applying for financial aid to determine what financial aid opportunities are available. While this approach may result in a fully funded college expense, it may also put into jeopardy, a successful retirement, house ownership, financial stability and other financial goals a family may have. |
No math presented on this screen. |