American Income Life Education Protection
As a parent you know the difference a college degree can make in your children’s future earning potential. Your unexpected death could mean your children won’t be able to afford a college education. They could miss out on this opportunity and a lifetime of extra earnings.
The total average cost for in-state tuition, fees, and room and board for a public four-year college continues to rise. If the price of sending a child to college increases four percent annually for the next 10 years, sending your child to college will cost more than $100,000.
According to the College Board, a one hundred-year-old nonprofit organization, a typical college graduate with a bachelor’s degree can expect to earn 73 percent more over a lifetime than the typical high school graduate. You can make plans now to help your child afford to attend college if you aren’t there to help pay for it. Don’t let them miss out on the opportunity to provide for their families, as well as a lifetime of extra earnings.