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Get smart about borrowing for college

Source: money.cnn.com Posted By: tesee11 5470 days ago

By now, most college-bound high school seniors have accepted an admissions offer and are cruising blissfully toward graduation, summer, and their chosen campus come fall. For parents, on the other hand, the hard work of financing this education is just beginning.

At the most expensive schools, the annual bill for tuition plus room and board can run to $50,000, and the average cost ranges from $34,000 a year at private colleges to $14,000 at public universities - daunting figures made even scarier....

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