College-bound means career-bound, but knowing what to do with that degree may be another story altogether. Though you may feel like your degree is one-track – an English BA means a teacher, right? – there are actually many ways you can leverage your degree, no matter what field it is in. 

 

Look at your savings, and assume the rest will have to be loans. Start with an estimated monthly budget for both the parents and the student. When they see that a $100,000 student loan translates to about $1,500 every month for 10 years, the impact starts to become clearer.