The Basics Understanding the true cost of college College costs are so high that some parents worry that they won t be able to afford to send their child to his first choice. Even if your scholar is still in diapers, it's not too soon to start planning. By Adriane G. Berg Concerned parents start worrying about paying for their child s college education almost at the moment of their child's birth. A college education is expensive and frightening, but with some forethought about what school your child might attend, you can afford it.
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Even the federal government has wised up. The high cost of higher education For years, college costs have risen at rates higher than inflation. Those rates have fallen somewhat in recent years because of a public backlash and several years of relatively modest inflation. It s frightening, even if the parents started saving early on in their children s lives. The answer is yes, but without proper planning, these students may have to compromise on the school they attend.