Is the Cost Worth It?
| National Average College Costs | |
|---|---|
| $13,126 | The national average cost of a 2 year public college, commuting students not living at home |
| $17,336 | The national average cost of a 4 year public college with in-state tuition |
| $35,374 | The national average cost of a 4 year private college |
| Source: College Board. Trends in College Pricing 2007 | |
Many parents question whether the cost of a college education is worth it. The consensus is, that it is… The student still needs to be involved in the financial discussions so they are aware of their responsibilities. This is the largest investment you will make next to the family home. So, this is a family affair.
The student’s responsibility is to study, participate in student activities (Always be building that resume), take a full course load and graduate on time. As a parent, you want to encourage them to enjoy this time in their life but to be responsible.
College is so much more than academics and there are many lessons to be learned along this college path. As parents, allow these lessons to be learned while there is a semblance of a safety net still under them.
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