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Money and Finances
Reply to "Prepaid vs. College America"
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[quote=Anonymous]Look carefully at the plan as we did Maryland which has a very limited number of state schools vs. other states BUT, it allows us to transfer the money to either another public or private school and cash out toward a private school. It is for tuition only but if they get scholarships it can be put toward other college expenses. Our logic for doing it was to make sure we had a minimum plan in case the market drops so we don't lose everything. Once we have it paid off we will save privately but we are relieved to know we have something, especially given how much tuition and other fees are going up. Personally I'd keep what you have an go to the prepaid but its a personal choice.[/quote]
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