College tuition fees have been skyrocketing over the past few years, making reliable college savings funds a priority for parents around the country. According to College Board, a nonprofit corporation that helps provide students with access to higher education, the average tuition fee at a moderate private university during the 2014-2015 school year sat at $46,272. Do not let that number discourage you though.
Most parents have savings and investments to pay their children’s college cost.
Financial aid can help much when you’re putting your child through college. With rising college fees and costs, however, it is progressively becoming harder.