Thursday, April 23, 2009

The recession's effect on prepaid college tuition and scholarships

At a time when young people are making college choices, prepaid tuition programs may be in trouble. Prepaid tuition plans allow families to buy all or part of a public in-state education at present-day prices.

The value of the investment is guaranteed by the state to meet or exceed annual in-state public college tuition inflation (currently in the five to eight percent range). Plan costs can vary, depending on how close the student is to college.

This is an issue worth following. Details at Stateline.org.

On the positive side, Matthew Keegan just wrote an article that gives students and parents more hope: Don’t Let The Recession Stop You From Seeking College Scholarships. Bottom line: Students need to be assertive and diligent in seeking college aid.


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