Paying back student loans can be somewhat of a strain. Therefore, if you are just now beginning your own family, you can’t help but consider the many ways you can provide for their college education. One of the popular ways to save for college is by making use of a 529 College Savings Plan. The state plan provides an advantageous way to save for higher education and is designed so the saver has more control of his or her money. Types of 529 College Savings Accounts A 529 college plan features regular savings and prepaid plans. … [Read more...] about The Benefits Of 529 College Savings Plans For Parents and Students
Here is the next installment in our the Reader’s Questions Series which highlight questions emailed to me by you, the readers of Money Q&A. Be sure to find out at the end of this article how you can receive a free copy of Dave Ramsey’s book, The Total Money Makeover if your money question is chosen to be featured on an upcoming week’s blog post. A reader recently wrote in with the following question about his student loans and forgiveness. Is there a way to have my federal Stafford Loan forgiven? There are several instances where you … [Read more...] about What Are Good Federal Stafford Student Loan Forgiveness Programs?