Morgan Kilgore, Assistant Vice President, Private Client Advisor

Consider Gifting Education as a Wealth Strategy

There’s no denying a college education comes with a hefty price tag. Over the past 30 years (after adjusting for inflation), the average sticker price for annual college tuition and fees alone for public two-year schools increased from $2,310 to $3,800. For public four-year schools, annual tuition costs climbed from $4,160 to $10,740, and from $19,360 to $38,070 at private non-profit four-year institutions.¹