A college education is one of the highest expenses a family will incur in life. Put this goal within reach for your children by saving for college today, and we’ll show you how.
For the 2014-15 school year, the average cost for college tuition with room and board topped $18,000 at public four-year institutions and exceeded $42,000 at private, nonprofit four-year institutions, according to a trending report published by The College Board. Undoubtedly one of the highest expenses a family will incur in life, a college education continues to offer long-term value. Recent U.S. Census Bureau data showed that workers with a college degree are more likely to earn twice as much as those without one.
Fortunately, you have a number of ways to ensure your child will be able to obtain a life-enhancing college education. To determine the best course of action for you and your family, turn to First Hawaiian Bank, where generations of Hawaii families have found financial assistance and investment solutions that make paying for a college education as easy as A-B-C. Get started on your education planning today by contacting one of our Wealth Advisors at (808) 525-6280 or by visiting a First Hawaiian Bank branch near you.