The True Cost of college $$$  

How much will college cost? 

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Most families should expect to spend somewhere between $100,000 and $150,000 for each child's college education. 

This places college costs right along side purchasing a home as either the largest or the second largest investment that most families will ever make.

 

 

 

In it's most recent survey of college pricing, the College Board reports that a "moderate" college budget for an in-state public college for the 2015-2016 academic year averaged $24,061.  A moderate budget at a private college averaged $47,831

Tuition, room and board (+ additional cost $$$$) 

24,061 x 4 = $96,244.00  

24,061 x 5 = $120,305.00

24,061 x 6 = $144,366.00

Be wise about the cost of college

While many scholarships and grants are available which can significantly lower the cost of college, most families do not have an effective strategy in place to make the most of these opportunities. As a result, many families end up paying far more than they expected to educate their children.

Summit Scholars teaches students the critical strategies needed to lower the total cost of college while also achieving their college goals. While the cost of Summit services is a small fraction of the cost of college tuition and fees, many families have found that the cost of our Pinnacle plan is more than off set by the generous financial aid that their children receive after enrolling in our program.  In fact while each students situation is unique, those scholars who complete the full Summit program often receive significantly greater award packages than their graduating class mates.  


"If you think education is expensive .... try ignorance"     - A famous educator

 

The return on investment in good college strategy vs. poor college strategy

Marta Tellado, CEO of Consumer Reports

"Higher education has always been seen as a dependable path to a more secure future- a sound investment that creates opportunity, lifts up communities, and pays dividend for generations to come.  Today, however, the specter of debt cast a shadow over that conventional wisdom, threatening the promise of education for American families and imperiling out long-term economic prospects.  Borrowers in the class of 2016 graduated from college weighted down with record debt averaging about $37,000 per student; some 42 million Americans now carry $1.3 trillion in education debt collectively.  It's a burden with a severe ripple effect: Consumer Reports has found that those saddled with debt frequently delay buying a home, put off saving for retirement, and are otherwise held back from planning for their future."


 

Every great coach teaches their team the strategies of how to win the game. Summit Scholars teaches high school students the strategies needed to win the college game.

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