The Hidden Benefits of Starting College Savings During the Holidays
The holidays bring plenty of traditions. You've got the cookie exchanges, the annual family gatherings, and the mountains of toys that end up forgotten by February. But buried under all those wrapping paper scraps is an opportunity most families overlook. While everyone else is buying the season's hottest gadgets and trending toys, you could be setting up something that lasts far beyond the new year. College costs keep climbing. The average...
How to Balance College Planning With Your Other Financial Goals
When your child starts kindergarten, college feels like a distant concern. But fast-forward a few years, and suddenly you're facing the reality that higher education costs are climbing faster than most family incomes. With the average college student and their families paying $13,760 out-of-pocket for the 2023-2024 academic year, it's no wonder parents feel pressure to start saving early and save aggressively. Here's the challenge: college planning doesn't happen in a...
Common Educational Planning Mistakes to Avoid
Education planning mistakes can quickly snowball into expensive headaches. Learn how to anticipate and avoid them with help from Avior. According to the Education Data Initiative, tuition rates for public, four-year universities increased by nearly 40% between 2011 and 2023, with a 2.64% average annual tuition inflation rate. Needless to say, education planning matters today more than ever. While education planning stretches beyond college to vocational instruction, certifications, personal development, and other forms...
Secure Your Child’s Education With Life Insurance
Learn how you can leverage life insurance for education planning with the right strategies. Did you know the average cost of a four-year college increased by 36.70% between 2010 and 2023? To make things even better, the annual college tuition inflation rate sits at an average of about 3.63%. To wrap it all up, the cost of college tuition alone has increased by nearly 200% since 1964. These numbers, alongside other factors, should...