Saving/Paying for College

This page contains frequently asked questions regarding saving and paying for college. Use the pulldown menus to reveal the questions, answers, and links to related webpages.

Cost of College

What is the value of a college education?

It may surprise you that, on average, an individual with a bachelor’s degree earns approximately $57,026 per year, compared to the $34,197 average yearly salary of a worker with a high school diploma. Use this calculator to see the value of a college education.
http://www.calcxml.com/do/value-of-college-education

How much does college generally cost? (Find Out Your Net Price of College.)

Every college and university has an online net price calculator, but the tools can be hard to use and even harder to find. US News has links to net price calculators for about 300 of the top National Universities and National Liberal Arts Colleges.
http://www.usnews.com/education/best-colleges/features/net-price-calculator

Saving for College

Where should I start?

6 College Savings Dos and Don’ts
https://www.fbfs.com/learning-center/6-college-savings-dos-and-donts

How much will I need to save? (College Savings Calculator)

Answer a few simple questions to estimate the cost of college and find out how much you’ll need to save.
http://www.schwab.com/public/schwab/investing/accounts_products/accounts/college_savings/college_savings_calculator

Are some 529 plans better than others?

Best 529 College-Savings Plans for 2018
https://www.savingforcollege.com/intro-to-529s/which-is-the-best-529-plan-available

Financial Aid

How do I compare financial aid packages?

Avoid 5 Assumptions About College Financial Aid: As you compare award offers, understand what you’re looking at to make the best decision. (US News – 4/4/12)
http://www.usnews.com/education/best-colleges/paying-for-college/articles/2012/04/04/avoid-5-assumptions-about-college-financial-aid

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If we can be of further help, please contact the Blue Prairie Group Employee Financial Help Desk™ at (866) 813-5495. The help line is staffed from 8:30 a.m. to 5 p.m. CST Monday-Friday.

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