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Winning the College Savings Race

Mar 27, 2019

Key Takeaways

  • There are multiple options available when it comes to ways to save for college.
  • Due to the high projected future cost of a college education, creative strategies are needed.
  • Grandparents can also play an active role in helping families save for college.

 

Paying for college has become increasingly burdensome for American families, often saddling unprepared graduates and parents alike with high levels of student loan debt. While these issues alone are problematic, their impact on the overall financial security of American households has become even worse as families struggle to balance college costs and debts with the need to save for retirement.
 

Present and Projected Future Costs of Tuition, Room and Board

This guide describes a range of college savings and investment vehicles that are commonly available to families. Importantly, it also describes a wide range of tactics, some of which receive little public attention, that students, parents, and grandparents may be able to employ to help them reach their college savings goals.

 

Read More

For more information on saving for college, download Winning the College Savings Race, or read How I’m Paying for My Kids’ College.

 You may also be interested in other College Funding topics.

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