We recently held the fourth live webinar in our Financial Boot Camp series titled?“Planning for the Rising Cost of College”?which was recorded and is now online.
Alex Oliver from First National Corporation?a?discussed a variety of topics. Did you know that for a child born today, four years at UMass Amherst will cost them a projected $260,000?? Whether you are hoping for financial aid or have already begun saving, you should view the webinar to hear Alex?s tips for not only putting money away, but also guiding your child to a college that will get you the best bank for your buck.
Please view the webinar and skip to the topics most relevant to you:
https://register.gotowebinar.com/recording/8707559636105821442
00:00: Introduction
04:01: Overview
04:48: Is College Worth the Cost?
07:50: Hyperinflation of College Expenses
09:14: How the Average Family Pays for College
10:37: Scholarships and Financial Aid
15:52: Savings and the Advantage of Starting Early
18:01: Investment Options for College Savings
18:50: 529 Prepaid Tuition Plans and 529 Savings Plans
25:20: How Much Should I Save Per Year?
27:22: Ways to Reduce Costs
30:06: Kiplinger’s Best College Values