Be prepared for sharp increases in tuition at colleges across the country starting next year and for the trend to last for years!

The cost of higher education is one of the most significant costs that families face. Without a plan, Out Of Pocket Savings (OOPS) can be reduced faster than for any other expenditure and have a devastating affect on long-term financial vitality or even viability.

College Tuition set to increase

The American Council on Education, made up of university presidents, and The College Board, a non-profit association, are both warning of higher tuition costs in the future. Current reports show about 6 percent increases in recent years for both Private and Public colleges.