Boarding School vs. College Savings Fund

D_yer_Maker
Tue, 20 Mar 2012 07:56:59 +0000

By law, colleges should have financial aid calculators on their web sites. Try visiting a few of them and plug in your current information with and without the savings to get an idea of how that impacts affordability. Don’t try to guess which colleges your son will be applying to; just take a sample of colleges, public and private, and see how – on average – the savings dynamic might impact college options so that you’ve got real data you can process instead of my generalized say-so.