According to, since 1976, the cost of college has risen at two to three times the rate of inflation and faster than increases in income for most families.

Facing shrunken savings and a static job market, due to in part to the Great Recession, parents and students are making some trade-offs when selecting and paying for college.

In this episode of “Behind the Scenes with Kiplinger,” brought to you by Ally Bank, we continue the conversation with Q&A’s that provide some insight for both parent and budding students on ways to pay for college.