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 The Mend Mansfield Coalition has plans for some positive summer fun for the area's youth and their families. Full Story
Image1 A 17-year-old boy is injured in a one-car rollover crash Tuesday afternoon. Full Story
 
Image1 A manhunt is underway for a dangerous criminal wanted out of Ashland County. Full Story
Image1 A historic building in Knox County that has sat vacant and crumbling for several years now likely has a date with a wrecking ball. Full Story
  MORE NEWS
 

Fire Destroys Former Mt. Vernon Bible College Building

More News