It’s no secret that college is an expensive endeavor. As of 2006, the College Board estimated that a year of college at a four-year public university was $13,000, which included tuition, fees, housing, etc. According to those same findings, those who wished to attend private school could expect to pay at least $27,600 a year. Even if a student graduates in four years, these costs can add up to a staggering sum. Students who are not entering college in the near future also need to consider that tuition rates increase about five to eight percent each year.

Read more here…

Single mothers who are contemplating college deserve congratulations. Considering that the typical college graduate can earn nearly twice the salary of a high school graduate, they are making a choice that can greatly benefit their ability to care for their children. However, single mothers may require financial assistance. Only 15 percent of single mothers are awarded spousal support, and a third of these women never actually receive it. In fact, a year after divorce, the woman typically experiences a drop of 45 percent in her standard of living!

Read more here…