January 11, 2013
College Cost Maze
Have college costs, especially at private colleges, become like airfares with every seat priced differently? As college costs rise faster than inflation, the actual price has become harder to discern. Everyone contemplating college costs should read this article from the Charlotte Observer: "Colleges
all offer a breakdown of expected costs, but totals after calculating
loans, scholarships and other financial considerations may vary widely
depending on the family's
situation, Lee Bierer writes. The most important thing for parents,
Bierer advises, is to consider just how much debt the family can
reasonably shoulder. This will come in handy when comparing what the
federal government considers to be the "expected family
contribution" -- the amount they think you can afford -- even if it's
not the same as what you realistically can pay." It's a jungle out there! Get the details at: http://www.charlotteobserver.com/2013/01/08/3770009/countdown-to-college-how-much.html
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