The Basics of Tuition Reward Programs
At their core, it’s important to understand that tuition reward programs are marketing gimmicks. They’re used by for-profit corporations to try to get parents to choose certain products or services over others. This means that using them will not make you more than you spend; it will only redirect some of what you’re already spending toward a child’s college education. In other words, don’t go spending thousands more than you already do on groceries because it’ll only put a few hundred extra dollars back in your pocket.
Tuition reward programs are programs that set aside money into a separate ...