Education Planning

6 Colleges Cutting Tuition (SmartMoney)

 | While tuition bills continue to skyrocket, a small but growing number of private colleges and universities are bucking the trend and going on sale. At least six colleges announced plans to reduce tuition costs in the upcoming school year. Many of these schools say lower-cost higher-education will attract more students from middle-income families those with incomes too high to qualify for free federal financial aid, but not high enough to pay for college costs without going deep into debt.

Why a 529 college savings plan is a great gift (USAToday)

 | With the holiday shopping season fast approaching, gift givers have a couple of choices. You could venture out at midnight (or even earlier if you're a Wal-Mart shopper) on Thanksgiving and battle for a deeply discounted flat-screen TV or Xbox that will make the little ones squeal with delight. Alternatively, you could stay home and invest that money in a 529 college savings plan. This gift will no doubt convince your children that there really is no Santa Claus, but years from now, when they graduate from college without student loans, they'll thank you.

Planning Options for College/Education Savings

 | One of the first steps you should take in planning for your child’s future college expenses is to establish a savings goal. There are many very useful college cost calculators on the Internet and we encourage you to utilize them.

College Planning

 | If you implement a timely and realistically structured tuition savings program, you might be pleasantly surprised when the time comes to send your future Nobel Prize winners to college. You'll have assets accumulated, equity in your home, and maybe your little wizard will conjure up a scholarship or two.