A college education is truly one of the greatest gifts you can give–a gift well worth the investment. Need proof? College graduates earn 38% more than a high school graduates do. And despite what you may think, it doesn’t have to create an endless cycle of debt. Saving for a college education starts with, well, education: understanding college costs, knowing how much to save by enrollment time, and knowing how to choose the right savings plan that can help you reduce taxes, increase growth potential, and accumulate the greatest funds possible for college.
According to the College Board, the average cost of tuition and fees for the 2015–2016 school year was $32,405 at private colleges, $9,410 for state residents at public colleges . . .
According to the website Student Loan Hero, the average Class of 2016 graduate has $37,172 in student loan debt, up six percent from last year. Currently Americans owe . . .
