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Reality Bites: Does Your Teen Have Any Idea How Much College Really Costs?

As caps and gowns are donned, pomp and circumstance rings out, and diplomas are handed out across the nation, high school students prepare to move on to the next chapter of their lives: college. But many of them are NOT prepared for reality of what usually comes along with that chapter:¬†college debt. According to a recent survey shared by¬†Kelly McNerney, only four in ten high school seniors believe they will have to borrow money to pay for college, and for high school juniors, the number is closer to one in three. Maybe it’s time to make sure you are all on the same page about what to expect in regards to college financing.