Education Planning
According to the AICPA, for a child born in 2004, the full cost of four years at a private college will amount to nearly $250,000. Next to buying a home, a college education is the largest expenditure most parents will ever make. The key to sending your child to college is advance planning.
Resources
- Rating 529 College Savings Plans
How you can use mutual fund ratings to get a better sense of the performance of popular college saving options.
- Tuition and the Tax Code
As tuition bills bear down, the tax code could be of help. If you are about to pay fall semester tuition, the tax code will probably help defray part of the cost.
- Comparison of College Funding Strategies
This chart shows the different types of accounts one can use for college funding strategies.