Did your son or daughter at college or university call yet for a withdrawal from the bank of Mom and Dad?
Mandy Mail of RBC says the true cost for first year students can be a wake-up call.
Mail suggests parents and students should talk about the real costs of school and decide who is paying for what.
She says RBC has a budget calculator where students can factor in all expenses like tuition, books, rent and groceries.
Mail suggests students who borrow money for school, only get what they need.
