What are most physicians doing about college?Apr 06, 2022
What was once a privilege in the past, college seems more like a necessity in today’s society. And a plan to save for college takes discipline, however, it is a worthwhile investment. So, how should physicians prepare to pay for college? Realistically, how much does college cost? What types of accounts are best for saving for education and should physicians expect their child to pay their way through college? Tune in to make sure you don’t miss out on a big college tax savings break, it could save you thousands!
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IN THIS EPISODE
- [00:50] What are most physicians doing to prepare for college today?
- [04:25] Why it is not realistic to expect a college student to fully pay their way.
- [10:55] The average amount college costs.
- [17:55] Are UTMA’s a good option for saving for college?
- [21:56] Why a 529 account is a better option for saving for college.
- [28:09] The benefit of merit aid when considering private college.
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