Are you saving smart for college?

Summary:According to a recent report, college in 20 years could cost as much as $250,000 per student. Regardless of the exact number its pretty clear that college is among the largest investments that parents will make. That said...only 43% of savers are taking advantage of 529 plans and while personal savings rates are really going up in this economy college savings rates are not. In fact they are falling. In this CBS Early Show report, Harry Smith talks with Ray Martin about how to save Smart for college.

According to a recent report, college in 20 years could cost as much as $250,000 per student. Regardless of the exact number its pretty clear that college is among the largest investments that parents will make. That said...only 43% of savers are taking advantage of 529 plans and while personal savings rates are really going up in this economy college savings rates are not. In fact they are falling. In this CBS Early Show report, Harry Smith talks with Ray Martin about how to save Smart for college.

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This post was originally published on Smartplanet.com

Topics: Innovation

About

Contributing Editor, People Vince Thompson is a digital revenue consultant, author, speaker and host of the popular BNET show Dog and Pony. His firm Middleshift LLC helps Internet companies build revenue by creating advertising solutions and scaling sales efforts. He is based in Los Angeles. Follow him on Twitter. Full Bio

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