MoneyRates Blog
Will College Tuition Costs Continue to Rise?
By MoneyRates team | Money-Rates Columnist
The quick answer to the above answer is NO or at least almost certainly NO. Parents looking for a break on college tuition, now that the economy is an a recession and inflation is tame, are unlikely to see it based on the historical increase in the index of college inflation:
College Inflation (CB) vs General [...]
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Upromise Helps Parents Save for College
By MoneyRates team | Money-Rates Columnist
Upromise is a college savings program where parents can earn college savings through their everyday spending. With over 40,000 participating retailers, parents can earn 1% t0 25% back in their purchases at grocery stores, drug stores, major retailers, travel websites, and more. The cash rewards are deposited directly into 529 plans set up for their [...]
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Savings for College: Investment Options, Student Loan Programs, and Savings Programs Designed to Pay for Children’s College Education Costs
By MoneyRates team | Money-Rates Columnist
Money-Rates.com has updated their College Savings page with two new sites which offer parents new ways to pay for college for their children. The two sites Simpletuition.com and Greennote.com are described below with the rest of college saving alternatives.529 Plans - A 529 plan, named after Section 529 of the Internal Revenue Code, is a [...]
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College Savings through the Upromise Program
By MoneyRates team | Money-Rates Columnist
The Upromise program allows registered users at upromise.com to earn cash back for college savings by shopping online at participating vendors. The list of participating companies numbers in the thousands and includes travel companies, real estate companies, restauraunts, grcoerys stores, and retail stores. Cash earned can be deposited directly into a registered 529 plan. The [...]
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Bank Savings Accounts (Yields and Links to the best rates)
By MoneyRates team | Money-Rates Columnist
Bank Savings Account Yields as of September 21, 2007:
FNBO Direct6.00% APY$1 Minimum Deposit$1 Balance needed to earn APYCountrywide Bank5.50% APY$10,000 Minimum Deposit$10,000 Balance needed to earn APY
Umbrella Bank5.35% APY$100 Minimum Deposit$100 Balance needed to earn APY
Gloucester County FSB5.24% APY$100 Minimum Deposit$100 Balance needed to earn APYAmTrust Direct5.21% APY$1 Minimum Deposit$1 Balance needed to earn APY
UFB [...]
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Choosing the State to Establish a 529 Plan
By MoneyRates team | Money-Rates Columnist
Setting up a 529 college savings plan is not always as easy as assuming your state’s plan is the best for your child because of the tax benefits of investing in-state. Your state’s management fees, your tax bracket and tax situation, your state’s fund performance, the investment options your state’s plan offer, and back-end plan [...]
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