Is It Too Late for College Planning?

Authors

Martina Peng, Franklin UniversityFollow

Files

Abstract

While many parents finally can take a break from paying off their own student loans in the late 40s, they didn’t realize that they need to start paying for their kids to go to college next year. As the average cost for in-state students at a public university per year is close to $25,000, the financial burden is challenging without proper planning in advance. The purpose of this study is to provide recommendations on college funding planning strategies for mid income families. Specifically, the study focuses on student loan strategies, college savings and investment plans, recent changes in financial aid regulations and college-related tax planning strategies.

Publication Date

10-7-2016

College/Unit

College of Business

Disciplines

Education Economics

Recommended Citation

Peng, Martina, "Is It Too Late for College Planning?" (2016). Learning Showcase 2016: A Celebration of Discovery, Transformation and Success. 50.
https://fuse.franklin.edu/ss2016/50