Expensive sending your kid to college? Try sending five students at once!
Check out the video below to see how mom and dad are handling becoming empty-nestera, as well as the financial burden. The kids are getting scholarships and grants, and the family still hasn't decided how to pay the balance, but they're relying on their faith to help them find a solution. (Note that I think it's not the end of the world if the kids take student loans and work while they're going to school. I did it!)
Tracy L. Coenen, CPA, MBA, CFE performs fraud examinations and financial investigations for her company Sequence Inc. Forensic Accounting, and is the author of Essentials of Corporate Fraud.