I have a few hundred thousand dollars in 529 plans. We have been growing them for years. Although not everyone’s cup of tea, this lump of money invested in this manner suggests that not only am I prepared to drop a boatload on college education, but also feel that it is cash well spent. Although this type of thinking was self-evident a decade ago, there is a growing chorus of voices that question the voracity of educational spending. I was lucky enough to have college and medical school paid for me. I expect to do the same for my children. But should I? While some would argue that a mix of less costly community college or online education is all that is necessary today, I decided to write this post in defense of the ivory tower.
The prestigious university.
Not only for professionals like me, but many can benefit from investing in a traditional college education.
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