stoutlogo.png

College Funding

A college education offers students substantial advantages in life. Part of it is financial. On average, college graduates earn $1.1 million more over their working lives than high school graduates with no college. College grads also find their lives enriched by broadened exposure to people of many different nations and cultures. Is it any wonder that families will work so hard, endure so much, and often sacrifice so much, to get their kids into the best colleges possible?

Over the last two decades college costs have risen at 7% per year-nearly twice the rate of general inflation. The cost of a four-year college education at many public universities now exceeds $100,000, and $250,000 at top-tier private colleges and universities. Per Child! Unfortunately, we frequently see families whose college savings plans were decimated by the latest crisis in financial markets, or who, with the best of intentions, sold their stocks at the wrong time, broke into their retirement accounts, or borrowed in the wrong manner from the wrong sources.

Have you stopped to think how old you will be when your last child finishes college? For many family’s kids enter college just at the time their parents are starting to think seriously about preparing for retirement, and the question becomes, “Do I fund college for my kids or fund my retirement?” What if there were a way to economically pay for college and fund your retirement? There is a way, and we can help!