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Many pre-paid tuition plans are sponsored by state governments and have residency requirements. State plans allow amilies to prepay the cost of college tuition, local fees, the tuition fee, and dormitory housing at today’s plan prices. Not to be taken lightly as the cost of attending college has doubled inflation for the past thirty years.

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Tags: college planning, college savings, college tuition, financial planning, gerard simonelli, personal finance

About the Author: Gerard Simonelli is a CFP for ARS Financial Services, Inc.

This entry was posted on Wednesday, May 13th, 2009 at 8:20 am and is filed under education financial planning. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.