One of the best ways to ‘help your student’ when going to college, particularly if they are in a different location, is to buy rental property in that area. Kid is responsible for the roommates. In the 4 to 8 years that it takes to complete (depending upon degree and field of study), you come out ahead on the property, monthly payments help defer cost and it allows you to cover one of the largest costs of education these days – living costs.
