How to prepare to pay for college — from a parent and a planner



Zaneilia Harris is a certified financial planner and the president of Harris & Harris Wealth Management Group.


if you have a toddler or youngsters in excessive school, then you definately are starting to feel the pressure of planning for college admissions. this is some thing my husband and i are inside the midst of doing for our daughter. accept as true with me, the system can be daunting. 

the problem that plagues many mother and father is fee. How do we pay for it? when kids are younger, I inspire mother and father to put cash of their kingdom's 529 savings plan if they're thinking about out-of-nation colleges. Our country, Maryland, offers a country tax credit, and i encourage others to discover whether their country does the same. If mother and father need to fasten in the value of in-nation tuition, then I recommend the pay as you go college choice. 

the difficulty that plagues many parents is fee. How can we pay for it? whilst youngsters are younger, I inspire mother and father to put money in their state's 529 financial savings plan if they're thinking about out-of-nation colleges. Our state, Maryland, offers a country tax credit, and that i inspire others to discover whether or not their kingdom does the same. If parents want to fasten inside the value of in-state tuition, then I endorse the pay as you go college choice.


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