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Saving For College

Saving for college is an important goal for many families, as higher education can be expensive and can also provide significant benefits in terms of future earning potential and career opportunities. There are a few different ways to save for college, including setting aside money in a savings account, investing in a 529 college savings plan, or using a Coverdell Education Savings Account. Continue Reading Below

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Industry Studies

2026 Student Loan Industry Study Thumbnail

2026 Student Loan Industry Study

Andrew Latham

Encyclopedia Articles

Discover the definition of financial terms related to saving for college.

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Learn About Saving For College

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About Saving For College

Saving for college is an important goal for many families, as higher education can be expensive and can also provide significant benefits in terms of future earning potential and career opportunities. There are a few different ways to save for college, including setting aside money in a savings account, investing in a 529 college savings plan, or using a Coverdell Education Savings Account. It's important to start saving as early as possible, as this will give your savings more time to grow and can make it easier to reach your goal. Additionally, you may want to consider researching scholarships and financial aid options, as these can help to reduce the overall cost of college.