Why Is It Important To Have College Funds?

The main thing you have to look at is how much you are going to make because you spent the extra money to go to college. Sometimes it may seem that all the experiences that you get out of college you can get in high school or around work but this isn’t the only thing you get. You get a higher level of education that betters your mind and you’re thinking process. Some people say this is not true but, I think that it is. Packing your brain with knowledge and skills will never do you wrong? As said in the video on “youtube” the narrator talks about the rising tuition cost. The narrator said “is collage worth the cost?” This may seem true to some people but I feel otherwise. You shouldn’t base your decision on whether or not to go to college because of the cost.

Child Savings Accounts: It’s a long term strategy. It means saving money for children to make them able to join a college in the future without depending on borrowing. Now, at least 7 states have passed legislations or started to offer child savings accounts for children born in the state or registered in a kindergarten in the state. Students from low or moderate income households with a savings account for college of just $500 are three times more likely to join college in the future and four times more likely to graduate from college than a similar students without savings account.

Now that I'm a senior I guess college is right around the corner, along with the dreaded expenses. Paying for college can be a stressful experience or a walk through the park. For most it's a mightmare, because of the debt they are or will be in. I've always been concerned about how my family and I were going to pay for college. Fortunately there are many options I can take advantage of to avoid a horrible financial fate.

Check out this great podcast episode on how to plan financially for a college education. It has helpful tips and questions to guide parents in the ins and outs of Taming The High Cost Of College.

The earlier you open your account, the more interest you will earn, and the less temptation you will have to spend your savings. Ideally you need an account where it is easy to put money in, less easy to take it out, and has a strong and steady long term rate of return. It may be helpful to work with a financial planner to determine the best account for you. One popular option is a 529 plan, or "an education savings plan operated by a state or educational institution designed to help families set aside funds for future college costs.”2 Another option is a Coverdell Education Savings Account, which is similar to a 529 plan but can also be used for primary and secondary school. Plans vary by state, but typically there are no residency requirements and funds from any plan can be used at any eligible school. A third option is a Roth IRA. These are primarily used as retirement accounts, but can sometimes be used for qualified educational expenses. And if you decide not to finish school, the money is still available for your retirement later.3 In these investment accounts, your earning potential is higher, but so is the risk. Once your account is established, consider asking for donations to your college savings account in lieu of gifts from friends and

“Can I get a Mc Chicken ,large fries,a large coke,oh and don’t forget the barbecue sauce” “Is this what you want to hear your entire life and earning minimum wage?while working at a Mcdonalds because you can't get a better job without a degree because you aren’t going to college ,Stop listening to those people that talk more than they know about college saying it is not worth it such as “college is too expensive”, “college is too much stress”,or “college is too much work” if you listen to this and believe it well best believe you must not want to earn more money ,be happier,healthier ,and overall not having to worry about money issues you will have sufficient amount of money to survive and money won’t be in issue in life,

College is a debatable topic that many people have differing views on. It is a very important choice for kids coming out of high school, as it can prepare them for the rest of their lives. It can put you in debt, but in the end it will make your life so much easier. College is an almost required thing anymore assuming you want to go far with your career.

While some people might still argue that a college education is not worth the investment, I believe that it is and so does William J. Lowe in “Education is Worth the Investment,” he explains the differences between a college graduate and a non college graduate. Lowe says, “Americans with four-year college degrees are not only equipped for a fulfilling adult and professional life but made 98 percent more and hour on average than those without a degree.” College graduates are more likely to be employed fulltime than non college graduates (Lowe). College teaches you so many new things and gives you a lot of opportunities, such as being independent, it allows you to growing as a person, it helps you become well educated, it shows you that there are many ways you can succeed and it helps you follow your dreams. I know that college is very expensive but I know it will help me follow my dream of becoming a pediatrician.

If you have any desire to pay for any, or all of your children’s college costs, it is best to start saving early. For example, a child currently 2 years old, with no 529 plan yet established, who will go to 4 years of public, in-state school, will likely need almost $240,000 to pay for their college! If you start funding a 529 plan now, you would need to save a little more than $600 monthly to pay for the entire 4 years of college (this includes anticipated college cost increases of 5% annually and with 6% after tax earnings each year in your college savings fund). A private school for 4 years could be double these

Saving for a college is important to both my family and I because it can reduce future stress that is caused over college debts. Saving early for a college would help to reduce the chance of college loans for my family. Attending a college is important to me because I want to be able to further my education after high school. Going to college allows the opportunity to not only further my education but also be able to achieve my desired job in the future. Attending college isn't just important to myself, it's important to my family as well. College is a major step into adulthood that provides the opportunity for parents to let their children grow into adults. This allows for young adults to learn how to manage life without depending on

Imagine watching kids suffering in pain; not having resources to get better. They don’t have great doctors to help these poor kids, and are in need of assistance. However, you can’t just have anyone to help those kids; you need well educated doctors to help those kids in need. Therefore, I deserve to obtain this scholarships due to the fact that I will study twice as hard as any other person,

saving for your child’s education when they are at a young age rather than their senior

Given this backdrop, how do you save for an education? This could be for your child or for yourself, since many adults have to go back to school due to job market instability or career change. There are some key points to keep in mind. What kind of education is needed? If you have done your homework, you may find that education may not cost as much as you thought, or you don 't need as much

Alas, that is why I plan to invest in my future children’s future by putting away money into a savings account for their college education. After they are born, depending on what my income is, I will be putting an amount away into the savings account, and according to my career and monetary goals, I should eventually have enough to send them away to college knowing that they have more than enough to get by. This goal will take about two decades to reach, but in the end, it will be worth it.

A college education. Many parents and even parents-to-be are bombarded with this goal, sometimes before their child is even born. How will they save? What is the best way to save? How much should they save? Magazines for new parents deal with this issue on a regular basis. Parents are warned in American Baby, "Start early...Eighteen years from now...a college education will cost close to $85,000 at a public university and just over $200,000 at a private institution." Parents are also advised to save around $115-284 a month from their child's birth. Another issue of American Baby suggests that parents "Start saving as soon as you can, and put money in regularly." These magazines work on the assumption that