Tag Archives: financial aid

Planning for College Costs, Part II

In part 1 of this article, I explored how you can estimate how much college will cost and how much you need to save, going forward, to accumulate enough savings to cover the amount that you plan to contribute towards your child’s college costs.  One of the major variables in this calculation is what you assume about how you will invest the money that you save.  While you can design a portfolio yourself, it is also worth looking at funds that combine the major asset classes into portfolios at various risk levels.  Continue reading

Planning for College Costs, Part I

As we enter autumn, the leaves start to change and students arrive at college campuses across the country.  For parents, as well as for students, the start of the academic year raises the specter of some of the largest costs that a family incurs.  Hopefully, families have started to prepare for college costs far ahead of the years of attendance, but the sheer size of the expenses may be pretty daunting even for those who have saved since their children are very young. Continue reading