Malcolm Berko, Taking Stock

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Don't bet the farm on kid's education

 
By Malcolm Berko    Comment on this article Leave a comment
Published: November 11, 2007

Dear Mr. Berko: My son's grades are not that good but we have some pull to get him into the University of Florida at Gainesville, which is a top school and also the college of his choice. It's going to cost us about $30,000 a year as an out-of-state student and I've arranged to take out a home mortgage to cover the costs. But what I'd like to know is why college costs have increased so much?

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Related Topics: Business, Personal Finance, Financial Planning, Paying for College



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