Of course, there are still many parents who don't have this type of college savings account.
And even for these parents, making early withdrawals to cover some costs now could forfeit the benefit from long-term compounding, and college is still significantly more expensive than grade school. For the 2020-21 academic year, average tuition and fees reached $10,560 for in-state students at four-year public colleges and $37,650 for students at four-year private institutions, according to the College Board.
RickSantelli is absolutely right.
Not everything will help everyone.
Again a benefit for people with kids my shocked face 😲
We need another $1,200 direct payment or better yet Universal Basic Income...
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: