- Two-Year or Four-Year School?
- If Funds Are Low... Start at a Two-Year School, Then Transfer to a Four-Year School
- College Planning Services
- Cost and Inflation
This strategy is appropriate if you cannot afford the cost of a four-year school. You can minimize college costs if your child attends a two-year school in the freshman and sophomore years. This could give you more time to save for the higher-cost, four-year school.
SUGGESTION: Working with the high school guidance office, your child should develop a list of schools in which he or she is interested and do your research on each of them. You and your child should rank the schools without regard to cost. Then rank them according to what you think you can afford. This process will help you hone in on a school that your child likes and that you can afford.
SUGGESTION: There are services available that match your child's personal profile and needs with the college that fits their unique situation; see the section College Planning Services.
Securities and advisory services are offered through LPL Financial (LPL), a registered investment advisor and broker-dealer (member FINRA/SIPC). Insurance products are offered through LPL or its licensed affiliates. Franklin Mint Federal Credit Union and Mint Wealth Advisors are not registered as a broker-dealer or investment advisor. Registered representatives of LPL offer products and services using Mint Wealth Advisors, and may also be employees of Franklin Mint Federal Credit Union. These products and services are being offered through LPL or its affiliates, which are separate entities from, and not affiliates of, Franklin Mint Federal Credit Union or Mint Wealth Advisors. Securities and insurance offered through LPL or its affiliates are:
|Not Insured by NCUA or Any Other Government Agency||Not Credit Union Guaranteed||Not Credit Union Deposits or Obligations||May Lose Value|
*The LPL Financial Registered Representatives associated with this site may only discuss and/or transact securities business with residents of the following states: NJ, PA, NY, DE, AZ, MI, FL, MD, TX, VA, GA, NC.
Financial Learning Center content created by TrueBridge, Inc. The information provided is based upon sources and data believed to be accurate and reliable. The content contained herein is intended for information and illustrative purposes only, should not in any way be construed as a personal recommendation, and should be used in conjunction with individual professional advice.