Word: tuitions
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...state-sponsored college-savings accounts known as 529 plans doubled in size last year, and now hold $26 billion in assets. No wonder the programs are popular--over the past decade, tuition has risen 38%, and cash-strapped parents are looking for ways to save. Public colleges saw a 10% jump in tuition last year alone...
...529s are generally a good deal, letting investment earnings grow and be spent, free of federal tax, for undergraduate or graduate tuition, room and board or books and supplies. But with so much money flowing into 529s, the market has been flooded with more than 80 programs. How to select the right one for your needs? Some guidelines...
...Increase in tuition at state colleges and universities since last year...
...Increase in tuition at private colleges and universities...
...also, says her coach Yevgeny Tyurin, "her only chance of getting out of this desperate and hopeless poverty." Her parents are village schoolteachers, but they don't have the money to send her to university in the Mordovian capital of Saransk, 30 km away, where tuition is free but living expenses are, they say, well beyond their means...