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Paying for College: Prepaid Tuition and College Savings Plans

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March 11th, 2010, 08:50 AM
Join Date: Mar 2010
Posts: 2
In 2003-2004, tuition and fees at public four-year colleges and universities averaged $4,694, while those at private four-year colleges averaged $19,710. Total charges, including room and board, were $10,636 at public institutions and $26,854 at private ones. Between 1993-94 and 2003-04, average tuition and fees rose 47% at public four-year institutions and 42% at private institutions.
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March 11th, 2010, 08:50 AM
Join Date: Mar 2010
Posts: 2
I have to say i do wish I would have participated in the pre-paid education. It would sure come in handy with my daughter about to head to college
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March 15th, 2010, 06:32 PM
Join Date: Mar 2010
Posts: 1
I think 529 college plans are a great way to save up for your child's education but why not invest in a high yield
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6 Month CD or even a long-term CD investment. It's best to search for your options out there instead of just opting for the 529 plan. Some banks may offer really great rates.

Last edited by 6 Month Cd rates; March 15th, 2010 at 06:39 PM.
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September 10th, 2013, 06:08 AM
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Join Date: Jan 2013
Location: Malaysia
Posts: 205
those college plans are great to invest to the parents who can afford to apply for an educational plan but what about to those parents who are less fortunate..is there any other educational plan for them..
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