Explore these college savings strategies

Enrolling in a trade school or college is widely considered the next step after a student graduates from high school. College is especially popular, as the U.S. Bureau of Labor Statistics reports that 62.7% of high school graduates went on to colleges and universities in 2020.

Finding ways to pay for higher education has long been a goal for students and their families. PrepScholar, a college testing preparation resource, calculates that, by 2033, students can expect to pay around $237,000 at in-state public universities and $464,000 at private colleges or universities for four-year degrees.

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