This needn't be the case. Use the articles and links in our college section to put together a plan that includes saving and investing as well as shopping for grants and scholarships.
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By Mark Biller A college education for many, this will be the largest single purchase they make, aside from their home. Thankfully, the tools available to deal with this daunting savings problem have changed dramatically over the past five years. Two of the best, Section 529 plans and Education IRAs, both received significant upgrades in the recently passed Taxpayer Relief Act. M.A. As a former director of student financial aid for more than fifteen years, I know the concerns and confusion that many families feel as they face the challenge of financing higher education costs for their children. It's important that school choices not be limited prematurely based solely on the price tag.