Funding College through Real Estate Investing: Club Palooza Makes It

Funding College through Real Estate Investing: Club Palooza Makes It a Family Affair

These days the huge, and growing, costs of tuition, fees and room and board have turned paying for college into a family affair. Impressing upon your kids the importance of a college education, and the character-building exercise of pitching in with other family members to fund it, can be a good lesson in family and personal values. Its also part of a trend in recent years toward helping even the little ones become financially responsible its a good habit they will later thank you for helping them cultivate.

According to collegeboard.com, average annual college costs in 2006-07 were $22, 218 for a four-year private school (up 5.9 percent from last year), $5,836 for a four-year public school (up 6.3 percent from last year), and $2,272 for a two-year public school (up 4.1 percent from last year).

Lots of Options, Loans If You Must
The good news is there are many ways to deal with the college funding issue at any stage of the game. You can take advantage of ways to reduce your income tax bill with education credits like the Hope credit and lifetime learning credit....