How to ensure your children don't have student loans
How much does it cost to pursue the American Dream? Answers tend to vary, but there is a commonality among responses that involves attaining higher education as a necessity. As a result, some 70% of college graduates have student debt, with the average borrower owing more than $37,000 at graduation. How can that change?
On this week’s episode, Ross Mac gives a foundational approach to ensuring our children aren’t graduating college in mounds of debt. He discusses the benefits of establishing a 529 Plan. Topics include:
- What is a 529 Plan
- Benefits of a 529 Plan
- Flexibility and tax advantages 529 plan
If you have any questions you’d like to see answered on Maconomics, comment below or send a message. Thanks!
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