How Millennials are Changing the Student Loan Cycle
91 percent of millennial parents are determined not to perpetuate the loan cycle with their children. This is considerably higher than other generations - 76pecent of parents ages 36-45 and 74 percent of parents ages 46-55 said that debt caused them to use other strategies to cover college costs.
Comparison of College Savings Vehicles
A comparison of all the college savings vehicles available.
David Lerner Associates: Who Can Benefit From College Savings Plans?
There are many types of people who can benefit from college savings plans especially parents and grandparents of young children, casual investors, or anyone wanting to transfer wealth to another family member as part of an estate plan.
Retirement vs College Savings
Some people are faced with this very real decision - do you start saving for Little Johnny's college tuition, or do you focus on your own retirement first?
Reasons to Invest in College Savings
Education is a gift that keeps on giving. College grads out earn people without degrees consistently and by a decent margin.
College Savings Plans
The person most likely to benefit from a college savings plan is obviously the child who goes to college. Keeping your child out of a bottomless pit of student loans is probably the best thing you could do for their finances.
Millennials and Debt
The average Class of 2016 graduate has over $37,000 in student loan debt - up 6% from last year.