Financial Planning for Post Secondary Education

Published reports indicate that "After adjusting for inflation, the average undergraduate tuition, fees, room, and board has more than doubled since 1964, from $10,040 to $23,835 in 2018. " Tuition has recently grown the fastest at public and private non-profit institutions, for which tuition has gone up 65% and 50%, respectively, since 2000." And since more people enroll in degree programs than they did 50 years ago, most students take longer than four years to finish college. It is now more common for undergraduates to take six years to finish, and about 43 Million Americans have outstanding federal student loan debt.

It is becoming more and more important for parents, students, as well as college financial planners to understand the difference between free money vs. cheap money, and for college financial planners to have access to tools enabling them to identify to reduce the cost of secondary plans, especially the cost of college. College Prep Plus is a great tool and asset for parents, students, and college counselors. Our platform helps you anticipate the financial and academic commitment you will be making before you attend college. This way you get the most out of your degree and can graduate with the least amount of debt because you took steps to prepare.