t’s college touring season, and many parents are on the road with their teenagers, driving from school to school and thinking about the college application — and financial aid — process that looms ahead.
Many baby boomers have already been through this stage with their kids, but because the generation spans about 20 years, others still have kids at home. So how should boomers plan to pay for school when, on average, students graduate from college in the U.S. with $25,000 in debt?
Ron Lieber, who writes about personal finance for The New York Times, tells Morning Edition’s David Greene about planning strategies and pitfalls to avoid. Go to npr.org to read or listen to the rest of the story