Saving for college is no easy feat even for just one child. Paying for more than one college education simultaneously can really break the bank. According to the National Center for Education Statistics, the average annual cost for college tuition, room and board for a student at a four-year public college was more than $14,000 during the 2011 – 2012 school year. By the year 2030 that number could balloon to more than $40,000 per year. How can a parent afford for more than one child to attend college at the same time?
Here are some solutions to help families of any size send their kids to college:
Getting ready for college involves preparing your child for big changes in his or her life. But as a parent, you’ll need to make preparations as well based on whether your child plans to attend college in-state or out-of-state.
Everyone has a favorite childhood book – the one you read time and again as a child, which inspired your imagination or piqued your curiosity. In the U.S. today, more than 16 million children living in poverty don’t have ready access to books. In an effort to help change this, Gerber Life is partnering with Reading is Fundamental (RIF), a non-profit organization that promotes reading for children, to encourage people to “unite” in support of childhood literacy.
Family budgets often can be stretched to the limit, so when planning for a child’s college education, parents may feel overwhelmed by the challenge.
Just because a college degree is expensive it doesn’t mean you can’t make college dreams a reality. The Gerber Life College Plan1 is a safe way to start your child on the path to that prized diploma – or diplomas, if you’re raising more than one child.
Who doesn’t love giving a gift to a child? It’s a warming experience that comes with smiles and hugs galore. Consider, however, that some children’s gifts, such as toys and clothes, have a shelf life. Kids outgrow both. So what are some ideas for gifts that are both lasting and beneficial?
Parents and grandparents often decide that a financial gift can be a lasting gift that shows they care. Giving cash for the holidays and birthdays is one option. Another option is to give a financial gift that keeps on giving.