by Kathryn Flynn
Posted: Wednesday, July 2, 2014 10:28 am
By VICTORIA DAVIS
US News: DailyFinance
The cost of a college education has risen steadily for decades, and getting a head-start on saving for it has become a must for anyone hoping to minimize the amount of debt their children will end up carrying after graduation day.
US News: Education > Colleges
If a child decides to take a gap year, it may be time to change the investment strategy in a 529 plan.
By Caroline Salas Gage and Janet Lorin
Jan 14, 2014 8:08 PM ET
Tiffany Roberson works for the state of Texas as a parole officer, teaches part time and is living with her parents after finishing a master’s degree. She’s held off marrying her boyfriend of four years and starting a family because she owes more than $170,000 in federal and private student loans.
Some states require 529 plan contributions be postmarked by Dec. 31 – but others have different rules.