1. College Savings Plans More Necessary than Ever in 2011-2012

    The Importance of College Savings PlansNews flash: A college education is expensive. Have you heard that before? While this is probably old news, tuitions rose again during the last school year, 2010 to 2011. There seems to be no end in sight and, as a result, college savings plans have never been more critical.

    Highest Attendance Costs Continued to Increase
    Sarah Lawrence College in Yonkers, NY, continued to hold the top spot in annual tuition, fees, room, and board with a 2.9 percent increase to $57,384 per school year. Landmark College (Putney, Vt.), Columbia, Wesleyan, Johns Hopkins, and Georgetown followed with annual costs in excess of $53,500 to attend. In many cases, the most expensive universities had one-year cost increases of more than 4 percent.

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    Categories: College Planning