Like most parents of high school teenagers and college students, this is the time of year when my husband and I start focusing a lot more seriously on higher education expenses.
In the News
Read what national news outlets are saying about why Allianz Tuition Insurance is such an important, and necessary, way to protect the investment you’ve made to make the dream of higher education a reality.
According to a recent study, 48% of students and their parents think they may need to withdraw from school before graduating. Paying for your son or daughter’s college is a big financial responsibility. With the cost of tuition, the option of adding college tuition insurance may seem like an afterthought. Is college tuition insurance really worth it?
A pair of recently released surveys suggests that half of the nation’s high school students feel academically unprepared for college, while half of the students entering their postsecondary education are anxious that they may not graduate, suggesting a variety of stressors could keep them from attaining a diploma.
Student worries. Two recently released studies found that half of incoming college students expect to drop out or take time off, while half of high school students don’t feel academically ready for college, according to EducationDive.
Students entering college today have plenty on their minds already, such as debt and landing a job when they get out. Now, add one more fear to the list: worries about dropping out.
College. It’s a parent and student’s dream to move away from home and continue his or her education. College. But what happens if a student unexpectedly needs to take time off from school? What if they get ill and don’t graduate?
Not surprisingly, paying for college is a source of real anxiety. It’s actually the leading cause of financial stress among parents, according to results of the financial advisor survey recently released by Allianz Tuition Insurance.
When you think about insurance, you often think about your car, home, and life insurance. You have probably heard that many movie stars insure various body parts, such as their legs, in case something happens to limit their earning potential.
Earning a college degree has become a necessary step toward building a secure financial future. After all, studies show that college graduates earn $1 million more over their lifetime than those without a degree and have a significantly lower unemployment rate. While such statistics further strengthen the importance of attaining a higher education, it can be difficult to save for tuition in the years leading up to college.
Adulting: it’s hard. I’m now 30 years old, and I’m still overwhelmed by the days I have to #adult with the best of them. Back when I started college, there were so many things about life and money I didn’t know. In fact, it’s hard to believe it’s been about 8 years since I finished college.