10/16/2026
Should your teenager know how much college really costs? 🎓
I'm working with more and more families earning $300,000, $500,000, even $600,000+ annually who are struggling with the prospect of paying $90,000–$100,000 per year for college.
And when two children are heading to college at the same time? The numbers can be staggering!
Here's something I believe strongly:
Teenagers should be part of the college money conversation.
That doesn't mean sharing your income, savings, or other personal financial information.
But consider this:
🎓 College A costs $95,000 per year.
🎓 College B costs $50,000 per year after scholarships.
That's a potential difference of $180,000 over four years for ONE child!
Shouldn't students understand that before making their final decision?
Not every college offers merit scholarships. Not every family qualifies for need-based financial aid.
And sometimes the greatest value of college financial planning isn't finding more money. It's understanding your options before making one of the largest financial commitments your family may ever face.
Have you spoken with your teenager about what you're comfortable spending on college? Or do you prefer to keep those conversations between the parents?
Read more on the topic here at: https://www.collegefinancialprep.com/blog/blog-talking-to-teens-about-college-costs
Should your teenager know what college costs? Learn how to discuss college affordability, scholarships, and financial decisions as a family.