In tough times, the thought of paying your children’s way through college can sound daunting, but it’s something most of us hope to be able to do for our kids.
According to the University of Colorado Boulder Office of Planning, Budget and Analysis, incoming freshman who are residents of Colorado will pay more than $21,000 this year for tuition, fees and housing. Here are some steps that can help you create a college savings plan that considers your overall financial needs and goals.
Jeff Nelligan is a Senior Vice President and Financial Advisor with the Global Wealth Management Division of Morgan Stanley in Denver, Colorado. He can be reached at (303) 572-4034 or firstname.lastname@example.org . The information contained in this article is not a solicitation to purchase or sell investments. Any information presented is general in nature and not intended to provide individually tailored investment advice. The strategies and/or investments referenced may not be suitable for all investors as the appropriateness of a particular investment or strategy will depend on an investor's individual circumstances and objectives. Investing involves risks and there is always the potential of losing money when you invest. The views expressed herein are those of the author and may not necessarily reflect the views of Morgan Stanley Wealth Management, or its affiliates. Morgan Stanley Wealth Management LLC. Member SIPC.