tuition

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How are families paying for college?
Empty nest can cost you
For many boomers, the empty nest seems more like the empty bank account. After college, kids boomerang home for a few months or years, driving up monthly household expenses. Even when they leave, they often return to the “Bank of Mom and Dad” for help with costs from new cars to camp for the grandkids.
Student Loans.
So what can Uncle Sam do if you don't repay your federal student loans?
college tuition
Spring means college admissions, and we still recall the agonizing wait for the mail carrier. A thin envelope brought bad news, a thick envelope acceptance. Today, though, the "envelope" arrives via email - and that's not all that's changed.
College fund
If you want to help pay for higher education for a child or grandchild, consider using a 529 college savings plan. These plans allow you to put money aside for tuition and other college-related expenses, while getting some nice tax advantages as well. Since I have a son who will be college bound in a couple of years, I've looked at all sorts of ways to pay for it and can say the 529 plan is by far the best for me.
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