As students begin receiving letters of acceptance to the various schools they have applied for, they will also receive aid award letters for each school. For many families, these offers can be quite confusing.
If you have done any reading or research in the news in recent years, you have seen stories revolving around the student loan crisis. Maybe even within your own family or friends, someone you know is experiencing this growing issue. The cost of college has been exceeding inflation for some time now and is becoming what appears to be out of reach for many families.
The biggest decision related to college that a family will make is ultimately, what school the student is going to attend. When a family makes that decision, there are several components that should be considered, as well as many pitfalls to avoid.
After a few years of showing signs of decreasing inflation with the cost of college, in the 2025-2026 school year, we are right back to the trend of the cost of attendance outpacing inflation.