Funding for College: Financial Pros Help Families Budget for Skyrocketing College Costs

The cost of a college education has grown significantly in the past two decades.

And with rising inflation taking its toll across every aspect of our economy, the trend shows no sign of stopping soon.

In its 2022-2023 U.S. News Best Colleges Report, researchers found that for one year’s tuition and fees, 19 out of the 20 top schools in the United States cost at least $55,000.

If you’re wondering how you can afford to send your children to college, it may be wise to consider financial resources and financial advisors that could help you.

What To Look For in a Financial Advisor

When hiring a financial advisor, you’ll want to ensure that the one you choose is the best fit for your family and has the necessary designations to help you make the best financial choices.

Here are some qualifications to look for in potential college financial advisors.

Ccfc (Certified College Financial Consultant)

A CCFC (Certified College Financial Consultant) is typically a Certifed Public Accountant (CPA) or Certified Financial Planner (CFP) specializing in education funding.

Cslp (Certified Student Loan Professional)