Talking To Your Parents About College Finances

06-11-2020

Posted By: Keegan Tomonaga

Talking To Your Parents About College Finances

Financially Preparing for College and How to Talk About It Preparing for college is a long and stressful process, but talking to your family about financing your education can be even more intimidating. It’s no secret that a degree comes at a huge cost, now averaging at $23,890 for out-of-state students at public 4-year colleges and $32,410 for private 4-year colleges. Students are graduating with record setting amounts of student loan debt, with an average for a bachelor's degree in 2019 at $29,200. Discussing student loans, scholarships, or work study can feel overwhelming for both the student and the parent. Here are five way to prepare for the ‘college talk’ with your parents:

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