Best College Financing Options

Best College Financing Options

Getting a good college education is one of the most important things that many of us will ever do. It single-handedly affects so many different aspects of our lives; from the friends we make, to the kinds of jobs we get and more, a good college education is a major stepping stone towards a meaningful and lasting life.  The problem is, college is becoming prohibitively expensive for most Americans. Who would've ever thought that here in America as many as 60 to 70% of families would not be able to afford to send their children to college? Colleges are one of the few things in this country that tend to increase their fees higher than the nominal rate of interest each year. For instance if inflation is around three or 4%, you can expect colleges to raise their rates between seven and 9% on average. Of course not every college is like this, but more and more are starting to become this norm instead of the exception.

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