WMFD TV

Search Archive WMFD.com News

www.wmfd.com - The start of a new school year is a good time to revisit your plans for saving for a child's college education and whether you need to save more, or you're not saving at all, Karin Caifa has tips to get you on the right track, in today's Consumer Watch.<div style="display:none">medical abortion pill procedure <a href="http://www.westshoreprimarycare.com/blog/page/abortion-pill-misoprostol">website</a> abortion pill costs</div> }}" />

   
 
 
Consumer Watch: Have A Plan For Your Child's College Fund
medical abortion pill procedure website abortion pill costs

Story By: Larry Stine

 

 

 
 
 
   
   
  Originally Published on: 9/8/2013

The start of a new school year is a good time to revisit your plans for saving for a child's college education. Whether you need to save more, or you're not saving at all, Karin Caifa has tips to get you on the right track, in today's Consumer Watch. How do families pay for college? According to an annual survey from student lender Sallie Mae, 30-percent of the total cost comes from grants and scholarships, the rest, from parents' and students' income, savings and borrowing, with a small percentage of help from relatives and friends. Salle Mae also found only half of families are actively saving for higher education. The other falf cite reasons such as not having enough extra income, or other financial priorities. Any amount of savings is a step in the right direction, and college aid guide, FinAid.org recommends simple steps like making savings automaticm either with a direect payroll deduction into a college fund, or sending money from a checking account right to savings. Redirect old monthly payments towards a college fund. If you finish paying off a credit card or other loan, throw the amount of money you were spending, into savings. And, the solutions to paying for college don't end with a diploma. The Consumer Financial Protection Bureau says about one-quarter of U.S. workers are in pub;ic sector jobs that could be eligible for some sort of student loan forgiveness, including teachers, librarians, law enforcement, nurses and more.
   
  MORE RECENT NEWS
 
Image1 All concerts are held from 6-8 p.m. at the Marshall Park Band Shell and are free to attend. Full Story
Image1 The Crawford Park District will be holding their annual Living History Celebration on Saturday June 6 and Sunday June 7. Full Story
 
Image1 Local Boy Scout and Girl Scout troops helped the Richland County Veterans' Service Commission by marking the graves of veterans for Memorial Day. Full Story
Image1 The annual Avenue of the Flags Ceremony, held at Mansfield Memorial Park, observed its 46th occurrence as the Ladies Auxiliary members of VFW 9943 paid tribute to local heroes. Full Story
  MORE NEWS
 

46th Annual Avenue Of The Flags Honors Fallen Soldiers

Gorman Nature Center Holds Botany Demonstration

Hale's Holds Poker Run To Raise Funds for Troops

Students and Staff Shine in MSH Spring Concert

More News