As college tuition continues to rise to unprecedented levels, student loan debt continues to rise as well. Between 1980 and 2016, tuition at public universities jumped 344 percent, while private universities saw tuition rise 241 percent.
Saving for college can be a daunting, but necessary consideration for young families. You may still be paying back student loans, when your future student comes along. And this future student currently needs diapers, formula, and stuffed toys.