You had saved substantial financial funds to help your teenager attend college. However, this turbulent economy has raised anxieties in both you and your child about whether college is still in his future.
Be open with your child about what you can and cannot do in terms of financial support. Explore the other financial aid alternatives including loans and work study programs. Reassure your child that you may be able to help out more significantly depending upon what occurs in the economy over the next several months.The cost of college can vary greatly, depending upon whether you’re looking at a private institution or a state university or junior college. There are many excellent state colleges that can offer your child a wonderful education. Help your teen broaden his perspective, so that he doesn’t become focused on only one or two schools.
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