Ky. families struggle to pay for college - Cincinnati News, FOX19-WXIX TV

Ky. families struggle to pay for college

By Kimberly Holmes - email
Posted by Trina Edwards - email

FORT THOMAS, KY (FOX19) - Despite current economic conditions, enrollment at colleges and universities in Kentucky is at an all-time high.

But with rising tuition costs and near-record unemployment levels in the state, more families are struggling to foot the bill.

On Thursday, parents at Highlands High School got tips on how to navigate the financial maze.

One of those parents, Beth Saunders, is learning how to make her child's dreams of a college education come true.

"She's really interested in Pratt University in New York which is extremely expensive," said Beth.

With a daughter in 12th grade and another in 8th, the Saunders family wants to know how to pay for college without going broke.

"I'm hoping she's going to get some scholarships," said Beth. "We're not wealthy by any mean so it's going to be a challenge, but she definitely wants to go to college and we're going to make sure she gets there."

Guidance counselor Ann Meyers says how to pay for college is an all too common question today.

"It's about sticker shock," said Meyer. "Things are getting higher and higher. And what's happened here that I've noticed is that we have more kids that are staying in state."

Kentucky's Council on Postsecondary Education says more than 254,000 students enrolled in colleges and universities in the state this fall, with a record percentage of them enrolling in community and technical colleges.

"The colleges like the Gateways of the world. The Beckfields. Just a variety of great options that exist," said Dan Bisig with College and Beyond, LLC

Bisig says parents and students do have options, but they must be open.

"Maybe they have some savings," said Bisig. "Maybe mom or dad have some additional, disposable money. Maybe bonuses or things come into play.It may be that the student has to go work. Which is often the case."

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