Preparing and paying for higher education
When it comes to paying for college, there are a number of options to choose from. Students can apply for financial aid, scholarships, loans or grants. As a parent, grandparent or legal guardian, you may even decide early on to start investing in a savings program for your child, such as the Gerber Life College Plan. With all of the available options to pay for a college education, it can be difficult for parents and their children to determine which plan is best for them. That's why Gerber Life online articles include valuable insights and ideas to help your family prepare for the college years. Our articles and advice can help you rest-assured that your child will be prepared for college and anything else the future may hold.
In a child’s mind, the world is a playground of possibilities. Their utopian aspirations allow them to grow up to become an astronaut, or a famous fashion designer, or to get married, have kids and live in a house with a white picket fence.
Dreaming of an ideal or exciting future is part of the wonder of childhood, and so this imaginative age is the perfect time to help children realize that they have the power to affect their future.
A wonderful and fun way for parents and teachers to encourage kids to explore what they’d like for their future to include is to have the children write a letter (or letters) to their future self. In it, have them describe their goals and aspirations and what they’d like their life to be like when they’re grown up.
Here are some sample questions that children can use to start their brainstorming:
The SAT is getting a makeover. In Spring 2016, students will take an SAT designed to focus on lessons learned in school, such as analysis and applied logic. Among the eight key changes: defining words in context, demonstrating a command of evidence, writing an essay that analyzes a source, and focusing on math that “matters most” – all grounded in real-world contexts.Read More
The joys of raising a child are countless, but with children come responsibilities such as the need to provide clothing, food, health care and an education.
Gerber Life Insurance Company has compiled and compared the cost of raising a child in the U.S. from birth to age 18 in 2013 vs. 1960 – the first year that the United States Department of Agriculture published data on the expenditures on Children by Families. The results, which include the average cost to attend college for one year, may surprise you.
Learning how to manage and prioritize your financial goals can help keep you on track now and help you to gain financial freedom in the future. The following recommendations can help you to manage current bills and expenses while planning long-term: