How to save more money on child education: Here are five things you need to know

Parents are increasingly spending more money for child education, with the number of students enrolled in state and federally funded programs reaching a record high.

Here are five ways to save money on children’s education.


Get a college degree.

The median income for students attending the top 10 schools is nearly $100,000 a year, according to the National Center for Education Statistics.

Many students graduate with college degrees.2.

Get more help.

More than half of students who enroll in high school have a parent with a college education, according the National Association of Secondary School Principals.3.

Pay for college.

Students who attend college earn more than those who don’t.

The average annual tuition for a four-year public college is $21,000.4.

Find out if you qualify for college aid.

The U.S. Department of Education said in its annual survey of private college and university leaders that more than half (55 percent) of the schools that participated in the survey said they would make financial aid available to students who need it most.5.

Find a school that suits you.

For every $1 spent on education, $1.50 is returned to the community.