High school grads as well as parents, view a college education as a "must have" to get a career-worthy job after graduation. This is indeed an expensive "necessity" and is only getting more expensive each year. With the cost of higher education rising faster than the cost of inflation, it is estimated that the parents of 4 year olds, could face college bills of more than $200k per year! Certainly the numbers are scary, but if you start saving early, you can put yourself in a great position financially by the time your child is submitting applications.
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