Student Heading to College? GradGuard Wants Families to Know the Investment is Not Risk-Free
However, unforeseen events can quickly turn what for many families is often the second largest investment in their lives into a substantial financial loss.
- However, unforeseen events can quickly turn what for many families is often the second largest investment in their lives into a substantial financial loss.
- "The National Student Clearinghouse reports 113,000 students took a leave of absence in 2021, including for medical reasons," said John Fees, co-founder and CEO of GradGuard.
- Without proper coverage, students and their families are vulnerable to potential financial losses due to theft, fire, water damage, and other unexpected events.
- "College is a significant investment for families, and families are smart to be aware that it is not risk free," said Fees.