There are lots of urban myths about saving for college. The most frequent myths are there is a penalty for savings, that college cost savings plans can be found limited to wealthy families or that a household will be eligible for a more need-based help if they don’t really conserve for university. These myths are harmful simply because they discourage families from saving for college.
Myth #1: Penalty for Savings
Numerous families mistakenly genuinely believe that they’ve been penalized for saving, and they will be best off when they did not save yourself. Weiterlesen