How Much Should Parents Contribute to College?

The rising costs of college is a topic that most parents grind their teeth thinking about when it comes up. CNBC reported that the value of student loans parents are taking on for their kids has skyrocketed in recent years. In financial planning discussions with parents, I find we spend most of their time discussing their children's education over just about any other topic. The reasons are clear parents want to give their kids every opportunity at success.

Andrew Comstock, CFAMay 11, 2021College Savings, college tuition, college planning, college contribution, student loans, fafsa, saving for college, financial planning, financial advisor, financial goals

How Much Should Parents Contribute to College?

In the personal financial planning discussion parents struggle with the question how much should they contribute to their children’s college? The answer is specific to each family. Here are a few suggestions on how to begin.

Beyond WealthJanuary 24, 2017529, College Savings