As a parent you hope to see your children go to college. You know the difference a college degree could make in your children's future earning potential. But if you died and your income was no longer there to help your children with their future education, how would they afford to go to college? You can make plans now to ensure your child can afford to attend college if you aren't there to help pay for it. Don't let them miss out on the opportunity to provide for their families, as well as a lifetime of extra earnings.
As a parent you know the difference a college degree can make in your children’s future earning potential. Your unexpected death could mean your children won’t be able to afford a college education. They could miss out on this opportunity and a lifetime of extra earnings.
The total average cost for in-state tuition, fees, and room and board for a public four-year college continues to rise. If the price of sending a child to college increases four percent annually for the next 10 years, sending your child to college will cost more than $100,000.
According to the College Board, a one hundred-year-old nonprofit organization, a typical college graduate with a bachelor’s degree can expect to earn 73 percent more over a lifetime than the typical high school graduate. You can make plans now to help your child afford to attend college if you aren’t there to help pay for it. Don’t let them miss out on the opportunity to provide for their families, as well as a lifetime of extra earnings.
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