With my oldest starting high school this year, I’ve realized that his post-secondary education is just around the corner. And in Canada, that’s an expensive prospect!
The average cost of a four-year university degree in Canada is just under $80,000 in total, and like most parents, I don’t want my son crippled by student loans for decades once he graduates.
Luckily, the government does provide some ways for students and their parents to minimize that debt, and one of the most popular is through RESPs. [Read more…]