As many parents with children getting closer to going to college, we were setting away money for their education, but as we found out, not nearly enough for the astronomical prices that we have now been exposed to. Faced with the fact that our Family Contribution could be as high as $25k per year for 8 years for our two children, we needed to find effective ways to do this without sending us into debt that we couldn’t get out of. We also do not want to strap our children to what could amount to be a lifetime of debt.
We listened to a brief, one hour Tele-Workshop introduction to The College Planning Network. As the Tele-Workshop ended, I found myself saying “this sounds too good to be true. What’s the catch?” There was no “catch”, just a detailed total plan of lowering our Expected Family Contribution, providing us some tax advantages and staying within the agreed upon budget that we had established. The additional ‘perks’ of filling out financial aid forms, working with our children on narrowing down the selection of colleges and essay writing was just icing on the cake!
~ The Anderson Family