"At the age of 49, I found myself separated from my husband and living in Florida with my two youngest sons in a rambling 100-year-old house that was much too expensive for us."
Nancy Fowler knew she was ripe for change, but she never imaged where her reinvention would take her. Step one was selling her house and moving to Gainesville, Georgia, to be near her sister and parents.
My family recently made a huge financial decision: We're allowing our college student to get an apartment with a friend for the next academic year.
After a year in the dorm, we felt that our son was ready to take on some more independence. And he's got a friend that he seems to get along well with who will share the expenses.
But we looked carefully at the finances of an apartment vs.
Of all the many benefits that employers can offer their employees, one that is usually underappreciated—but potentially most valuable— is tuition reimbursement. Not all companies offer help with college, of course, and recent economic belt-tightening has reduced the numbers, but still, two of three American companies offer assistance for undergraduate education (down from 78% in 2004), and 56% offer assistance for grad school.
My parents paid for my college in the 1980s. Even though I was an out-of-state student, my tuition was just $800 a quarter for my freshman year. After that, I became an in-state student, which cut my tuition in half.
So imagine my surprise when it came time for my oldest son Andrew to go off to college this summer to an in-state school. The tuition bill was $2,700 per semester. If he had been an out-of-state student, it would have more than doubled.