College Savings
Countdown to College
Why is saving money for college important?
By saving for college, families can reduce their need for loans, help their kids leave college free of debt, and earn interest rather than pay it. As well, college graduates often enjoy higher earnings post graduation, and on average those with a college degree can expect to make more over the course of their lifetime than those without a degree. Students with savings are also more likely to attend college, and money saved by parents in a 529 account may only have a minimal impact on financial aid eligibility. But the short answer as to why saving money for college is important is: saving money for college simply helps to make it less expensive when the time comes.
Please check out some of our helpful articles and tools below. Our site is filled with educational videos, articles, slideshows, calculators and e-books designed to help you learn more. As you search our site, send us a note regarding any questions you may have about any particular college savings programs or products. We'd love to hear from you!