protect college investment
The Initial Research Behind Our Tuition Insurance Offer
In my most recent column, published on May 26, I made the case for the purchase of tuition insurance, which thanks to our partnership with GradGuard, a service of Next Generation Insurance, Inc., is now available as an embedded benefit in College Parents of America membership.In that column, I touched on the research our organization did as we put together this benefit and I would like to review more of our analysis with you today.
The Case for Tuition Insurance
Everyone knows that college is expensive. Yet very few people know that the cost of college can be insured.The high cost of college has been building for decades. Withering subsidies at the state level are causing public universities to raise the sticker prices they charge students. Private colleges are also charging more, as their endowment funds still reel from the 2008 financial meltdown and continuing market uncertainty.
Paying For College: What You Need To Know
College Parents of America president James A. Boyle joined financial aid directors from New York University, Penn State and Wesleyan, as well as representatives from Sallie Mae and FinAid.org, in a live webcast on Tuesday, April 6 from 7 – 8:30 PM EDT:WSJ On Campus Presents – Paying For College: What You Need To Know
Tuition Insurance Now Available to All College Parents
All of us have learned through experience, and occasionally from hard knocks, that it is best to insure an expensive purchase, whether it is a home, car, plane fare, luxury good or electronic device.Yet until now, one of the most expensive purchases that parents make – the college tuition, fees and room & board for children – has not been “insurable,” unless the students in your family attend one of 180 mostly elite and very expensive private college and universities that offer what is usually called “tuition insurance” through the school’s enrollment contract process.