The back-to-school season has opened up conversations about the usefulness of tuition refund insurance. Recently, our managing director John Fees was featured on NorthJersey.com, speaking to the benefits of such coverage.
“There is a lot of money at stake,” said John Fees, managing director of GradGuard, which offers tuition insurance at schools around the country, including Princeton University and Centenary College in New Jersey. “When you enroll in school it’s just like any other big purchase. You need to know the terms and conditions.”
College refund policies can vary, but many of them can be stingy; one insurance industry survey found that less than a quarter of schools provide full refunds for medical withdrawals. And many offer little or no refunds after the first few weeks of a semester.
Learn more by reading the full article: “Should N.J. parents of college students insure the cost of tuition?”