MoneyRates Blog
College Board Releases 2008 Tuition Index Costs
By MoneyRates team | Money-Rates Columnist
The total charges at an average private college as measured by the IC 500 Index was $37,208 for the 2008 - 2009 school year up from $35,272 the previous year. The 5.49% one-year increase in the index is used by College Savings Bank as the annual percentage yield for parents who own CollegeSure CDs for [...]
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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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Savings for College [UPDATED]
By MoneyRates team | Money-Rates Columnist
The College Board reported on Oct. 22 that tuition at public and private colleges for the 2007-08 academic year continued to outpace inflation. Parents face on an uphill battle in saving enough money to cover college tuition for their children.Four-year public colleges have taken the hardest hit, with the rate of growth in tuition and [...]
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Saving for College (529 plans and more)
By MoneyRates team | Money-Rates Columnist
529 Plans - A 529 plan, named after Section 529 of the Internal Revenue Code, is a savings plan designed to encourage saving for future college costs with tax advantages which vary from state to state. 529 plans, legally known as “qualified tuition plans,” are sponsored by either states, state agencies, or educational institutions. Currently [...]
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COLLEGE SAVINGS
By MoneyRates team | Money-Rates Columnist
Independent 529 plans offer parents the chance to pay for college in the future at today’s price which can lead to large discounts on future costs. The program co-sponsored between Independent 529 plan and TIAA-CREF allows allows you to prepay tuition today that your child can use later at any participating college. This program protects [...]
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