It’s around this time of year when it starts to sink in – how are we going to pay for our child’s college education?
The good news is you’re not alone. In the 2018-19 school year, families spent an average of $26,226 on college tuition with 43 percent of costs covered by family savings and income, 31 percent of costs covered by scholarships and grants, 24 percent covered by borrowing, and 2 percent covered by friends and family, according to Sallie Mae’s 11th annual “How America Pays…
