You can always save for your children’s education before they are born, via the 529 Education Plan or the Guaranteed Edutaction Tuition program as mentioned one post ago. There are many millions of dollars of scholarships available for those in need of aid, or worthy of achievement. Every high school offers scholarship lists provided from local sponsors, every college offers scholarship once in the program. While in school, it is always best to pay the interest on your loans as you go (saving you a few thousand come graduation). Many schools also offer work study programs where you get a job within the school to help pay for room and board / rent expenses. Once done with school, the sooner you start paying down your laons, the better…with preenstly high interest rates, it’s never a bad idea to sretch and pay $100 when you were going to pay $75. When interest rates do come down on loans, refinance! Refinancing in better financial times could also help save you coin.
