College Saving Plans

[mosesbotbol]

College is a scam and not worth the investment to the majority that go. They are all in collusion and have been selling a dream with has become this generations nightmare. How many have 50K+ debts on a degree that worth no more than flipping burgers. I know a few who spent 120K on their child to land a 30K job. What’s the point? College is not and should not be for everyone. My Philosophy degree is good for wiping one’s rear; not much more…

That being said, some kind of saving plan should be used to help with whatever post high school training your child may want to go in.

The whole idea that college is supposed to land someone into the middle class or secure a job really makes me laugh.

Consider (in conjunction with savings) guiding your child into activities that merit scholarship. Also, there's a ton of money being given away every year and you just have to go for it. It takes time and effort, but considering the hours vs. manual labor hours to accumulate the same amount; the scholarship money is quite attractive.
Vocational training is the best of both worlds. Not only does it ensure a career and good income at an early age, it allows for one to have an income and go to school (if they want) or spend the money on really world experience. Most of the rich people I know aren’t rich from their degree, but from their vocation.

Sorry for the rant, but also think of how that money can work for you later in your life.