September 10, 2022  SEONews

LETTER TO THE EDITOR – Chillicothe News Constitution-Tribune – Chillicothe Constitution Tribune

College Savings Month: Make a Plan to Pay for Higher Education

According to a Georgetown University study, the cost of higher education has increased 169% over the last 40 years. And according to Sallie Mae’s annual How America Pays for College survey, nearly half of American families have no plan for how to pay for higher education.

September is College Savings Month, a time to highlight the importance of planning to pay for higher education. Missouri has programs that can help your higher education dreams become reality—while also helping you minimize expensive student loans.

MOST, Missouri’s 529 Education Plan is a tax-advantaged savings and investment account for education expenses, administered by the Treasurer’s Office. We’ve made the plan as flexible as possible—meaning it can be used for two and four year college as well as apprenticeships, trade school, even graduate school tuition and expenses. You can also use money in a 529 account to pay off up to $10,000 of student…

Read Full Story: https://www.chillicothenews.com/2022/09/10/letter-to-the-editor-3/

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