My mother – who gave birth to me at 19 years old – went back to college when I was in elementary school, eventually graduating with her PhD a year after I finished high school. She was 37 years old and has been teaching at colleges and universities ever since (nearly thirty years now). And guess what? She’s still paying off her student loans, and probably will for the rest of her life.
Now, of course, my mother is an extreme case – few people spend that much time in college or finish that late in life. But it has made me hyper aware of the costs of college. If my daughter chooses to go to college, I would love to see her with a degree in hand and zero (or very little) in debt when she finishes. She’s only seven now, so I thought I had some time – but it turns out I could have started saving for her college tuition when she was a newborn!
So how do you get started? Luckily, in the age of the internet, there are plenty of online tools and apps that can help parents save for college.