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Medway & Millis November 2018

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<strong>November</strong> <strong>2018</strong> <strong>Medway</strong> & <strong>Millis</strong> Local Town Pages www.localtownpages.com Page 9<br />

Paying for College 101:<br />

Here’s Five Ways to Reduce the Cost<br />

According to a recent Gallup<br />

survey, 73% of parents with children<br />

under the age of 18 worry<br />

about paying for college more<br />

than any other financial issue.<br />

And with good reason: Over the<br />

last 30 years, inflation-adjusted<br />

wages have essentially remained<br />

flat, while the cost of attending<br />

a public, four-year university has<br />

more than tripled.<br />

So how can the average, middle-class<br />

family afford to send<br />

their children to college? It isn’t<br />

easy. However, there are a number<br />

of ways to reduce the high<br />

cost of college and minimize the<br />

financial impact it has on your<br />

lifestyle and future:<br />

1. Stay in-state—According to<br />

the CollegeBoard’s Trends<br />

in College Pricing 2014, the<br />

average annual cost of tuition,<br />

fees, room, and board<br />

for a four-year, in-state, public<br />

university is $18,943. For<br />

an out-of-state student, that<br />

figure jumps to $32,762.<br />

You can cut your costs almost<br />

in half by selecting an<br />

in-state option.<br />

2. Max out financial aid—Be<br />

sure to investigate all your<br />

options, starting with free<br />

sources of funding such as<br />

scholarships, endowments,<br />

and grants. Once those are<br />

exhausted, your next step<br />

may be to consider low-cost<br />

student loans.<br />

3. Attend a junior college—If<br />

money is an issue, have<br />

your child attend a local<br />

junior college for a year or<br />

two, then transfer to a fouryear<br />

university to finish up<br />

his or her degree. Most state<br />

universities accept junior<br />

college credit hours, and<br />

acceptance is sometimes<br />

easier than it is for students<br />

applying in high school.<br />

4. Share the load—While you<br />

may believe it is your responsibility<br />

to pick up the<br />

entire tab, there is no shame<br />

in asking grandparents and<br />

other relatives to help with<br />

the cost. Also, many financial<br />

experts recommend<br />

making sure your children<br />

have some skin in the game<br />

and contribute a portion as<br />

well.<br />

5. Think outside the box—If<br />

you work with a financial<br />

professional, you may discover<br />

lots of creative ways<br />

to help pay for college. For<br />

example: Did you know that<br />

you can borrow* against the<br />

cash value of a whole life<br />

insurance policy—and that<br />

this money does not count<br />

against you when filing for<br />

financial aid?<br />

Given the fact that highschool<br />

graduates earn about<br />

62% of what college graduates<br />

earn, there is little doubt that a<br />

college degree can make a big<br />

difference in your child’s future.<br />

And, with the right preparation<br />

and guidance, you shouldn’t have<br />

to jeopardize your future to do it.<br />

This educational, third-party article<br />

is provided as a courtesy by Michael<br />

Damon, Agent, (CA Insurance<br />

Lic.#0I60938) New York Life Insurance<br />

Company. To learn more about the<br />

information or topics discussed, please<br />

contact Mike Damon at (508) 321-<br />

2101.<br />

The Candy Cottage<br />

Chocolates • Truffles • Fudge • Gift Baskets<br />

Nut Free and Dairy Free Chocolates<br />

Chocolate Turkeys • Advent Calendars<br />

Service. Style.<br />

Savings.<br />

• No Appointments Necessary<br />

• Open 7 Days a Week<br />

• Signaturestyle.com<br />

MEDWAY COMMONS 508-533-6800<br />

67 Main St (Rt 109), <strong>Medway</strong><br />

ROCHE BROS CENTER 508-376-4555<br />

4 <strong>Millis</strong>ton Rd (Rt 109), <strong>Millis</strong><br />

SHAW’S PLAZA 508-881-1175<br />

330 Pond St (Rte 126), Ashland<br />

Theatre<br />

Group of<br />

<strong>Millis</strong> to<br />

Perform The<br />

Odd Couple<br />

Production of Neil Simon<br />

Comedy <strong>November</strong> 2nd & 3rd<br />

at <strong>Millis</strong> High<br />

The Theatre Group of <strong>Millis</strong><br />

will perform Neil Simon’s classic<br />

comedy, The Odd Couple, the tale<br />

of two great friends and unlikely<br />

roommates, Friday, <strong>November</strong><br />

2nd, at 8 p.m. and Saturday, <strong>November</strong><br />

3rd, at 2 and 8 p.m.<br />

This <strong>November</strong> production<br />

will take place at the <strong>Millis</strong> High<br />

School auditorium, 245 Plain<br />

Street, <strong>Millis</strong>. Tickets are $15 for<br />

adults, and $10 for seniors and<br />

students. For more information,<br />

please visit www.millistheatre.org.<br />

Merckens Melting Caps<br />

Hours: Tues.-Sat. 10 to 5, Thurs. 10-5:30<br />

Call Ahead for Holiday Hours<br />

44 Central Street • Holliston, MA 01746<br />

(508) 429-5544 • thecandycottage1950@yahoo.com<br />

www.TheCandyCottage.biz<br />

$<br />

17.95 Adult Haircut<br />

$<br />

15.95 Kids* Cut<br />

Everyday Value<br />

*age 10 years or under.<br />

Color $49 & up<br />

Highlights $77 & up<br />

with Stylist Consultation<br />

Appointment recommended.<br />

Veterans Day<br />

Special<br />

$15 Haircut<br />

Nov. 11 & 12 Only<br />

Veterans and<br />

Active Military w/ID<br />

MM<br />

MM<br />

MM

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