Discuss higher education and its cost with your young adult

Life’s Financial Journeys

Heading Off to College
Getting Out on Your Own
Blending Two Lives
Having a Child
Emptying the Nest
Entering Retirement
Death of a Life Partner
Military Life

As your child was growing up, you may have communicated regularly about money issues. If so, talking about the cost of higher education becomes another important conversation. If this is one of the first discussions of this type with your child, how can you have a successful conversation?

The following resources may assist you in discussing higher education and its cost with your young adult:

What Parents Need to Know About Student Loans

Talking to Your Teen About College Costs

Helping Your Child Learn to Budget

Money Talk for Young Adults

Emptying the Nest Tasks

1. Financing college
2. Revising your spending plan
3. Planning for long-term care
4. Preparing for retirement
5. Estate planning

Financing college Subtasks

1. Discuss higher education and its cost with your young adult
2. Identify the options for a college or a career/vocational program
3. Determine the cost of college or a career program
4. Identify options for financing higher education


NAPFA Consumer Education Foundation
8700 W. Bryn Mawr Ave., Suite 700N
Chicago, IL 60631
(847) 483–5400 ext. 106