Money Fix: Plan for senior-year costs
The financial experts recommend planning for senior year expenses. Credit: iStock
Forget about paying just for college. If your child is entering his or her senior year of high school, you'll have to plan for any number of added expenses -- class photo, yearbook, cap and gown -- before making even one college tuition payment.
The key is not to be caught off guard, which is why the National Endowment for Financial Education advises parents to "get a big-picture view of possible expenses" by checking with the school and other parents.
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