THE WALL STREET Journal has a cover story today about the rising cost of a college education. The story reports that tuition at four-year private colleges is up 5.9% from only a year ago, rising from $20,980 to $22,218 per year (by comparison, CUC's tuition this year is just over $17,500). Meanwhile, the amount of Federal money (Pell Grant) students are getting to help pay for college is falling, from $13.1 billion last year to $12.7 billion this year. That works out to an average of $2,354 per student last year and $2,474 per student this year -- a degrease of about 3%.

This may not seem like a very exciting blog post, but it could have a huge impact on you as you plan for college. Don't underestimate the importance of planning for the financial impact college will have. If you don't plan ahead, you may find out that college isn't affordable for you. But if you plan now and work closely with Financial Aid offices, you can prepare and make sure finances don't keep you out of college.

If you would like to learn more about college financial planning, please call our office at 800-835-4212 or email us at enroll@cuc.edu. Mention you saw this story on our blog and we'll send you a little something.

Labels: enrollment, Financial Aid