Education is one of life's most significant lifetime expenses, so it makes sense to offer a resource dedicated to college planning – not just a topic in a greater financial literacy package.
Student loan balances now stand at $1.60 trillion, up by $21 billion from the previous quarter, according to the Federal Reserve Bank of New York. Student loan debt accounts for 10% of total household debt, making it the second-largest category of consumer debt behind mortgages.
Families who start financially planning for higher education before high school have an advantage. We all have loved ones, employees, constituents, followers, congregations, members, customers, etc. who could use help navigating the college planning journey.
