Affording College: A Plan to Save
A child born today can expect to pay approximately $245,000 for 4 years of a public college and over $420,000 for a private college education. To help afford college, parents can start putting money into a 529 plan. This panel discusses what a 529 college savings plan is, how to make it work best for you and other ways to afford higher education. Guests include: Roger Michaud, SVP, Franklin Templeton Investments; Gabrielle Charette, Executive Director, NJ Higher Education Student Assistance Authority; Rich Levao, President, Bloomfield College; Dara Jarosz - Guidance Counselor & Parent Contributing to 529 plans for 3 children!