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LITTLE ROCK, Ark. (KTHV) -- Theaverage cost for 4-year public school is about $80,000; and about $160,000 for a 4-year private school. These costs could double in 18 years assuming 5% annual increases.

Depending on family circumstances, the inadequate college savings plan may make the student ineligible for certain grants and/or scholarships.

Financial expert Barry Corkern spoke to THV's Ashley Blackstone on 'Today's THV This Morning' with information on the different college accounts and how sometimes college savings plans make students ineligible for certain scholarships, etc.

Click on the video!

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