Wednesday, October 26, 2016

‘Honey, Who’s Going to Pay for College?’ - Kim Clark, Money

Ask parents about their biggest financial worries, and the vast majority — more than 70% — will cite college costs, according to Gallup surveys. But a shocking number of parents shield their children from the reality of high college costs. Millions of teens are walking around with the mistaken impression that their parents will fully fund whatever college they choose, a T. Rowe Price survey found. A frank conversation in advance can clarify and simplify your family’s experience of applying and paying for college — and prevent financial or emotional crises. http://time.com/money/4531242/paying-for-college-parents-children/

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