Southfield, MI (PressExposure) June 11, 2008 -- How old will you be when your child graduates from college? Todayâs cost of college education is daunting, especially for parents with several children to educate. Many families have discontinued contributions to their retirement plan as their child enters their Junior and Senior years of high school, and they struggle to have enough funds available for their higher education. Some are actually withdrawing money from their retirement plan to pay for college. Will they be able to catch up after paying for college or will they be forced to work way beyond retirement age?
Todayâs cost of higher education is increasing at a rate of 7% - 15%, and more. Parents must decide between providing their children with the best possible education and the cost of the educational institution. To help families with this âcost vs. valueâ decision parents have taken a proactive approach and enlisted in the services of Tuition Rx, an online college planning resource center and bi-monthly e-mail newsletter.
Jeffrey Taylor is flooded with emails from parents thanking him for his tips and advice for planning the financing of their childrenâs future education. Tuition RX was established to help families with the affordability issues of higher education. The first component of the site is an all inclusive resource center for college planning that gives member families the tools they need to find the best ways to save and pay for college. Parents enjoy the benefits of the discussion board where they get their questions answered by nationally known experts in the college planning industry and a library of e-books that provide families with hundreds of college cost reduction strategies.
The second component is the College Funding News E-newsletter, providing the latest college cost reduction tips and strategies for parents and gift ideas for grandparents.
This unique college planning website and email newsletter service is free; go to http://www.tuitionrx.com to register a membership and enjoy immediate access to a wealth of college planning information.
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