Back in the late 1960s, when many of today’s grandparents were heading off to college, tuition was measured in the hundreds of dollars. A semester at the University of Iowa cost in-state students $185 in 1968. That same year, Harvard students were shocked by a 20% hike in tuition…to $2,400 a year. This year, the
At The Motley Fool, we’ve talked a lot about how to invest money for kids before college — how much you need to put in your education savings fund, where to put it, and how to supplement those 529 plan savings. Today I want to talk about something just a little bit different: how to
Just about every new parent I’ve ever worked with has told me that saving for college is one of their top financial priorities. And I always have some mixed emotions when they say it. On the one hand, it’s great that they want to prioritize saving for their child and giving him or her all
Many parents want their adult kids to move out, but aren’t quite sure when the time is right. Some choose to allow their children to remain at home while they complete their college education or begin their careers. While this can certainly let their kids get a solid financial footing under them, figuring out precisely
If you’ve ever struggled with credit or debt problems in the past, you probably want to help your child avoid repeating your mistakes. On the other hand, if you’ve managed your credit soundly and understand the benefits of doing so, that’s a life-skill you’d probably like to pass on to your children. Regardless of your
As you prepare to welcome a baby into the world, the excitement and anticipation of meeting your child for the first time can be overwhelming. Although you have nine months to prepare, it probably feels like there just isn’t enough time to get everything done. I have three young children at home, and I have