Tuition insurance?

creative1
Tue, 27 Mar 2007 12:52:18 +0000

Planning to do it as the school my child will attend allows you to pay in installments without interest. They do require tuition insurance, however, which is 1.9% of the tuition cost - so it’s like a low cost loan. I can invest my $ at a higher rate than 1.9%, and if, for any reason, my child doesn’t complete the year, I will get at least a partial refund (70% or more). Seems like a slam dunk to me.