Parent to parent: Managing college expenses
We all know that the cost of college has risen — a lot — in recent years. And I’ve been scrimping and saving all the while.
Like almost every parent of a UC Davis student, I’ve been on a financial roller coaster since my twin sons finished high school in June 2008. That year, the stock market took a dive, and the college account we’d started years earlier sustained a big hit.
Since I initially had one son at UC Davis and one at community college, I adopted a pay-as-you-go approach, and left the college account alone for a while. And the account largely recovered — though recent market volatility has given me some butterflies.