According to the Mid-Year 2014 Consumer Survey by Georgia Credit Union Affiliates, more than 71 percent of respondents noted a college degree was worth the financial investment and more than 60 percent noted saving for college expenses was important to them. Just over 20 percent indicated they believe student loans are a good way to finance a college education. Recent evaluation of college pricing revealed the expense of a post-secondary education continues to increase, as does the level of student debt. Despite the significant financial investment, there is a true return in the job market. According to the Economic Policy Institute in Washington, Americans with a four-year college degree made an average of 98 percent more per hour last year than those without a college degree. 

Tips for Financing a College Education

1. Start saving now: Whether you are months, years or decades away from paying for college, start saving today.  

2. Seek assistance: It's always a good idea to speak with an experienced financial adviser about college savings goals and financing options.  

3. Do your research: Research the options below and speak with a financial adviser to ensure you understand the full benefits of each.

   • Scholarships and grants 
   • Prepaid tuition plans  
   • 529 college savings plans  
   • Coverdell education savings accounts 
   • Work-study programs  
   • Individual retirement accounts (IRAs)