For a child born in 2004, the full cost of four years at a private college will amount to nearly $250,000. Next to buying a home, a college education is the largest expenditure most parents will ever make. The key to sending your child to college is advance planning.
The 360 Degrees of Financial Literacy Web site offers general information for managing personal finances and does not recommend specific financial actions. For financial advice tailored to your situation, please contact an expert such as a CPA or a personal financial advisor.
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