Young Adult Sues Parents for College Tuition

Caitlyn Ricci’s parents divorced in 1997 when she was four years old. It appears that she primarily lived with her mother but also was able to spend time with her father. In February of 2013, Caitlyn Ricci (who was now past the age of 18) left her mother’s home. Technically, she was an adult who was no longer living with her parents. Instead, she went to live with her grandparents (her father’s mom and dad). It is unclear exactly why Caitlyn Ricci decided to move. Her mother, Maura McGarvey, wrote about the situation on her blog. In short, Maura McGarvey … Continue reading

State College Costs Unaffordable

Public colleges and universities are often more affordable than private institutions, but according to a report by the Associated Press, even public four- and two-year colleges and universities flunk the grade on affordability. Only one state out of 50, California, actually can claim that they have affordable colleges. This is thanks to affordable community colleges. How bad are college costs? Increases from 1999-2000 are as high as 16 percent in some cases. If your income falls in the lower median, expect to pay as much as 55 percent of your income just for college tuition, books and other fees not … Continue reading

The True Value of College

When evaluating the decision to enroll in a college institution, whether it is for you or your child, the true value of the education must be considered. What is true value you may ask? It is basically an assessment of the long term value of the education vs. the actual cost of tuition. While certainly the college experience has value all on its own. It is also important to look at it purely from an economic view. Especially as the cost of tuition continues to rise, analyzing the actual value of a degree is an important financial process. Ultimately the … Continue reading