Saving for Education
Investing in your children's education will be one of the most important investments you make over your lifetime. Make sure to set a plan early and stay with it.
Saving early will allow more time for education funds to grow and give your savings a greater chance to earn above the tuition rate increases. The more you save the less likely your children are to become burdened with student loans after graduating. Set your children's path now and make sure your capital is set in the right direction.
Tuition Rate Increases
College costs are rising and are projected to outpace inflation for the foreseeable future. Look to develop a plan early for your children's education and explore ways to maximize your savings by increasing returns, reducing risk, and avoiding investment taxes.
For the 2014-2015 school year, the average 4-year public university costs $39,400 for in-state enrollment and fees. The comparable private college costs $134,600 over four years (these totals are for tuition only and do not include housing & books).