According to Sallie Mae’s recent How America Pays for College report, the average amount families paid for college in 2017 was $23,757. This is no small chunk of change, and their research shows that students and parents share nearly equal responsibility for covering college costs. Knowing how to minimize debt via proper savings practices is important for long-term financial health.
We know many of you are working to address the financial issues those saving for college face, so our partner packet this month focuses on this phenomenon and provides tips and advice for you to use to help individuals and families plan and save.