In addition to contributing to a 529 college savings plan – to which even grandparents can contribute – parents should ask colleges about scholarships and grants (not loans) to drive down the cost of college. Loans should be the last option!
Our Marc Horner (@northpark, finance & economics) offered up these and other higher-ed tips during his regular chat with @robhart (@marquette, communications, broadcast journalism) on the @WBBM Noon Business hour.
Listen: https://omny.fm/shows/wbbmam-on-demand/many-parents-havent-started-saving-for-kids-colleg
