Has anyone thought about prepaying future tuition?

hope4freeride
Mon, 29 Sep 2008 20:28:35 +0000

For those parents who currently have kids in college and still have money in your college plan,whatever that might be, is there any sense in paying future tuition bills now with those funds in order to avoid the potential for hyperinflation which may result soon from the Wall Street mess? My daughter is still a senior in high school but it seems to make sense to pay as much as I can in advance and let the school take a bigger hit from the devalued dollar and decline in assets. If she was already in college and felt that she would not want to transfer, I would have already prepaid as much tution and fees as I could before the crash happened. I am not an accountant,tax expert or financial advisor, but it does make me wonder if this actually might be a good idea? Has anyone done this or thought of doing this?