Skip to Content

College Savings

A Parent’s Conundrum… To Pay or Not to Pay (for college)… That is the Question

Posted On: April 19, 2021 by The Peoples Community Bank in: College Savings, Savings Tips

In a perfect world, every parent hopes to give their child the best start in life. You’d send them to a great school and watch as they enter the “real world”, debt-free, leaps and bounds ahead of their constituents. But, the reality is that college costs aren’t what they used to be. In fact, in 1984 the average annual cost of tuition for a 4-year institution was $5,160 (in current $)*. In 2014 that average cost grew to $25,409 per year*, according...

Read More