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7 ways to help grandchildren with college tuition

August 24, 2018

From the USA Today website

If you’re older than 65, odds are you have grandchildren and probably want to help them with college tuition.

While your generosity may be boundless, paying for a higher education is no small expense. The average in‐state, all-in cost (tuition, fees, room and board) for a four‐year public school was $20,770 in 2017-2018 and $46,950 for a four-year private school, according to the College Board.

And in 18 years, at the current rate of inflation, the all-in cost could reach $355,000 for fours years at a private school and $157,000 for four years at a public school for an in-state student.

So how can grandparents help? Here’s what experts had to say:

From → Finance

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