Benjamin Franklin once said, “An investment in knowledge pays the best interest.”
However, a 2020 survey from the Federal Reserve Bank of St. Louis suggested that the value of college education has declined. Why? Because like any investment, there are risks. Some of the potential negative consequences include taking time out from the labor market, taking on debt and potentially not graduating.
But, the same study found that for the average person, going to college is still an overwhelmingly good decision.
Proper planning is absolutely necessary to negate as many of the risks associated with attending college as possible. That’s why we created a hub of content related to college planning — including webinars, podcast episodes, blog posts and downloadables — that college-bound students and their families can utilize. We’ll be releasing new content on this page every week throughout the entire school year, with the goal of helping people master the college admissions process. What’s more? Our financial advisors have made themselves available to answer questions or address specific concerns.
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