In this episode of Paying for College, Gavin received acceptance letters from six universities. Now, he and his mother must explore how to fund his education.
Tracy, a devoted single mother of two, prioritizes her sons' higher education. It's a noble aim, but it brings financial challenges. Should she consider selling their home to cover college expenses fully, or is it wiser to take out loans? If they go the loan route, should they opt for Stafford loans, PLUS loans, private loans, or a combination? Experts provide insights on how to maximize 529 accounts and address any funding gaps.
