You Insure the Phone, the Car, and the Spring Break Trip. Why Not the $30,000 Tuition Bill?

You Insure the Phone, the Car, and the Spring Break Trip. Why Not the $30,000 Tuition Bill?

Author: The College Investor August 8, 2026 Duration: 9:15

Think about everything your family pays to protect. The phone gets a protection plan at checkout. The car carries full coverage at an average of $2,237 a year, according to Insurify. Even the spring break trip gets travel insurance, which Forbes puts at 4% to 6% of the trip cost.

Then tuition comes due (for many families, the largest single payment they ever make) and it goes out the door with no protection at all. If the semester falls apart in week six because of mononucleosis, a concussion, or a mental health crisis, most families discover the refund policy the hard way: there isn't one.


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