With a child that just turned 15 (gulp) college is only a short three years on our horizon. While it is definitely on my mind I know we are in no way ready. Aside from the huge expense that a college education is today (hello, tuition that equals more than most families make in a year), it’s also a huge transition for not only my son but for our family as well.
I just have SO many questions.
What should he being doing now to prepare for college?
When should we start visiting schools?
What’s the best way to help him with college expenses knowing we can’t offer him a ‘full ride’?
What about scholarships?
I could go on and on (and on). And on.
Keep in mind he is the first of four that will (we hope) go to college, so I expect a LOT of lean years for them and for us too.
I know that back in my day (ahem) things were not only cheaper, but a college education meant much more than it does today. While it’s still important in terms of long-term earnings, knowing many current grads are without jobs is a bit scary.
Smart spending on college education is the new name of the game, and it’s not always easy to pull off. So I’m investing time now to learn as much as I can, save as much as I can, and help my son think ahead.
Thankfully Wells Fargo has started a community to help college students, high school students, parents, and grandparents plan for college and education expenses. The goal is to provide a hub where everyday folks with very big concerns can get support and responses from other members and the Wells Fargo team.
The community is a free resource, and you don’t need to be a Wells Fargo customer to use the community. In fact, you don’t even need to be a member to browse and learn from discussions.
It’s like talking to both people in my shoes (prepping for college) while getting advice and wisdom from college students and parents who are in the thick of college.
Here’s a short video explaining the community:
What Wells Fargo says:
Education planning has become increasingly important both due to its impact on lifetime earnings and its rising costs. Many people find the planning process confusing and the amount of information overwhelming. We want to make things simpler.
The Wells Fargo Community is dedicated to helping you understand your education planning options by:
- Bringing students, parents, college counselors, and financial advisors together so they can share their knowledge, advice, and experiences â€“ all in one place.
- Spanning the entire college experience so you’ll find relevant conversations whether you’re preparing for college, in college, or done with college.
- Addressing key topics including saving for college, finding the right college, choosing a major, and preparing for life after college.
Eventually the community will branch out into other topics, but I think this is a great one to start with since it’s a topic that is on many people’s minds.
Would you use the WellsFargo Community to connect and learn more about college savings, spending, and more?
For more information about the Wells Fargo Community, please visit Wells Fargo Community’s site. I was selected for this opportunity as a member of Clever Girls Collective, and the content and opinions expressed here are all my own. #WFCommunity #spon