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Story perspectives

Rising College Costs Spark Parental Concerns and Financial Talks

9/9/2025

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Story summary
  • Celeste Marter graduated from Tulane University in 2024, reflecting rising college costs.
  • The average annual college cost in the U.S. is $36,436, with tuition up over 30% since 2010.
  • A 2023 survey found 66% of parents with teens are concerned about college expenses.
  • Encouraging children to contribute to education promotes financial literacy and responsibility.
  • Open financial discussions foster respect and set clear expectations for children.