There is no denying the importance of your children’s college education. But with the average cost of a private four year university currently nearing $200,000 (including room and board) and increasing over 3% per year above inflation*, the cost of a college education for a child born today could exceed $350,000. This dramatic rise highlights the importance of planning for these expenses.

There are a number of vehicles you can use to save for children’s college education and a number of factors to determine which is best for you and your family.

Click here to download the Guide to Educational Savings for High Net Worth Families

*According to the College Board