Start Saving for an Elite College Education
Start saving now for an elite college education.
Many families believe that an Ivy League education is the best. These eight elite schools are private institutions where tuition averages about $56,000 per year just to attend, but add another $22,000 or so for housing, food, and books. That equals about $76,000 annually x 4 years and a bottom line of $304,000, but there are more than 100 highly prestigious colleges with equally expensive price tags.
Other families are quite content to have their student earn a degree from the desirable University of California system, especially for residents here in The Golden State. A typical UC campus costs about $36,700 per year, including tuition, room, meals, and books. That totals about $146,800 per student over four years, which is no bargain either.
But if your family has a dream of funding a higher education, you should start saving now –– and provide your younger beneficiaries with funds towards their college education in your family trust.
#collegeeducation #familytrust #collegetuition #sunstonetrust