- There are several types of college-savings investments — both specifically education-oriented plans and more general vehicles or accounts.
- College-specific investments include 529 plans and education savings accounts (ESAs). Other options include target-date funds, savings bonds, and Roth IRAs.
- Whatever the college-savings investment, good strategies include keeping it low-risk and liquid, starting early, and contributing consistently.
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The price of higher education seems to get higher every day.
In its 2020 Trends in College Pricing and Student Aid Report, the College Board notes that, between 1990-91 and 2020-21, the average four-year public college’s