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Quick Steps to Financial Stability by Gail Liberman, Alan Lavine

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Chapter 8. How to Pay for Your Children’s Education

IN THIS CHAPTER:

  • Calculate the costs for college

  • Determine how much you can save

  • Review the best available tax breaks

  • Learn the rules of college investing

  • Track down scholarships and loans

  • Find out what you can expect from financial aid

Saving for your children’s college education may be one of your toughest challenges. But don’t let it get you down. Your objectives: Make your children realize the importance of higher education, save as much as you possibly can for it, and help them check into scholarships and government loans. Another potential solution: lower-cost public schools or community colleges.

Evidence increasingly indicates that education is a key to both personal and financial success. Some ...

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