With rising college costs compounding an ever-increasing student debt, USA Today is reporting a novel idea for parents searching for ways to help offset these costs, investing in real estate. According to the article thousands of dollars can be saved, which amounts to nearly 54% of the College Board’s estimated budget of annual housing expenses.
The secret lies in parents purchasing property and then renting out rooms to other students, according to Jennifer Fredericks, a broker at Better Homes and Gardens Real Estate Preferred Living that has worked in real estate for the past 21 years.
Read more at Real estate investment may be answer to decreasing net college costs, USA Today 9/3/15
