7 ETFs That Could Help You Send Your Kids to College
College costs have been rising much faster than inflation over the past few decades. A study by LendingTree indicated that in-state public schools cost an average of $25,290 per year in the 2017/2018 school year, while private colleges cost a whopping $50,900. That works out to a total average bill across four years of somewhere in the neighborhood of $100,000 to $200,000 -- and that's before considering those faster-than-inflation cost increases. Price tags like that put a college education out of the range of most people's ability to cover via cash flows from their salaries. That means if you want to send your kids to college, you'll probably either need to save up a large chunk of the cost in advance or borrow the money. Borrowing money to pay for college brings its own set of problem...
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