Parents of high school students find themselves asking this very important question in April of the senior year as they are trying to find a way to make their child's college dreams come true. Sometimes this may mean taking out "Parent Plus" loans, which is an indicator that this college is too expensive for your family. The decisions that we make today will follow us long into the future with student loan debt. The goal is to minimize the cinder block that student debt can be as we swim across the lake of life.
Here is a great tool to do some calculations that will help you determine if a particular college is out of your price range. It will factor in much more that the published sticker price of school: financial aid will also be factored in.
Learn How to Evaluate Financial Fit with Financial Aid 101
Wouldn't it be great if we were able to ask these questions earlier in the high school career? This tool works for any student/parent who has potential schools on their radar for the future even into the freshman year. IT IS NEVER TO EARLY TO START PLANNING FOR THE FUTURE!
