Options For Financing a College Education
| College loans just got more expensive. Interest rates on new government sponsored Stafford loans jumped from 5.3% to 68%, and new PLUS loans for parents went from 6.1% to 8.5% this month. Families with college age kids need to shop the options wisely. Guaranteed Education Tuition Many states now offer '529' plans, where you can buy College Credits now at a guaranteed rate, and use when your child is ready to attend college. College credits are usable in most states, not just those where you reside. Visit the Saving for College web site, select a state and click 'Go', you will then see a list of 529 plans sorted by plan name. Click Here to continue reading this Article |


