Saving for College

College funding begins with saving. But how much should you save—and how?

The College Board® reports that the average published tuition and fee price is 40 percent higher in 2015-16 at public four-year institutions than it was in 2005-06, with an average published cost of $9,410 for in-state students. That said, if college tuition and fees were to increase by 5 percent per year, in ten years you can expect to pay over $62,000 over four years at a public college, and considerably higher for four years at a private college.

While college costs continue to rise, the good news is that there are many smart, tax-advantaged ways to save for college. We’ll help you navigate your college savings options, and provide tips and tools to help you make a college education an affordable choice for you or your child.