Shirley White-Stevens, CFP®,CCPS 

College Counseling Services by Shirley White-Stevens, CCPS            

"Tuition Rx"

Will You Be Able To Afford The Cost Of A College Education?

Today’s cost of higher education is rising at twice the rate of inflation, or more. According to the College Board, the price of a four-year public university rose 9.6% in the 2003-2004 and four-year private college costs rose 5.8% 1. As a result, the high cost of education has forced families to take a hard look at their options. Will the family’s final college choice be made on cost alone? Can they pay for college, without raiding their retirement fund?

Many high schools across the nation have made a valiant effort in providing families with information about financial aid for college. The problem is most financial aid comes in the form of student loans. Furthermore, financial aid will not cover the entire college bill and the parents must pay the balance. Even this amount can seem insurmountable, especially if there is more than one child to educate.

The Tuition Rx Program provides solutions to the high cost of education. Our online community of experts researches and compiles the most up-to-date tax, financial and admissions strategies, in order to provide families with the most cost-effective methods to save and pay for college. The Tuition Rx program can help make college an affordable reality for families.

1 Cost figures from the College Board's Trends in College Pricing 2002

College Planning is Retirement Planning

Calculate how old you will be when your last child graduates from college. Today, the cost of college is daunting, especially if parents have more than one child to educate. Many families will discontinue contributions to their retirement plan, in order to pay these education costs. Some may actually withdraw monies from their plan to fund education. Will they have enough time after college to catch up with their retirement funding? Will they need to work beyond retirement age?

Ó Copyright 2002 Educational Benefits Group

 

 

The Tuition Rx Program

The Tuition Rx Program is a FREE college planning website and e-newsletter that helps families discover little-known strategies and opportunities to reduce the high cost of a college education. The Tuition Rx Program also gives families an online access to some of the top experts in the college funding industry.

Tuition Rx Website

The flagship of the Tuition Rx Program is a one-of-a-kind website, which gives parents and their students the tools they need "to find ways of paying for college, without depending on financial aid”.

College Planning Discussion Boards

The Tuition Rx website also has academic and college funding discussion boards that families can use to get their questions answered by experts in the industry – twenty-four hours a day, seven days a week.

College Funding Newsletter

Each registered family also receives the "College Funding News Newsletter", which is published 24 times per year. This newsletter provides students and their parents with the latest college cost reduction tips, including strategies for families with younger children, high income families, and even gifting strategies for grandparents.

Simple - Free Enrollment
by contacting College Services Center

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