FA Magazine | College Savings Pros And Cons
May 01, 2021
For most of the past two academic years, college students have taken classes remotely, without the benefit of campus life. Many of them—and their parents—have complained that they’re not getting their money’s worth.
While some schools have given reimbursements, the situation has led to a re-evaluation of college’s cost-effectiveness. Is it still worth the hefty price tag?
“Parents intuitively know that one of the great benefits of college is learning to live on your own,” says Tom Henske, a partner at Lenox Advisors in New York City. But many are beginning to reconsider, he says. “Once we are vaccinated and back to a more normal life, people are going to be rethinking their college savings.”
https://www.fa-mag.com/news/college-savings-pros-and-cons-61695.html?section=47
