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It's the spooky season, and one thing that certainly causes fear among families is paying for secondary education. It's terrifying, especially when looking at the cost of tuition that continues to rise each year.
The Michigan Education Trust, or MET, busts the following myths parents have when saving for their child's college education, to help assuage their anxiety with a practical solution.
Myth No. 1: It's too late to start saving.
Myth No. 2: You need a lot of money to open an account.
Myth No. 3: If my child doesn't attend college, my investment disappears.
Myth No. 4: There aren't any tax benefits.
Myth No. 5: My child has to attend school in Michigan.
The Michigan Education Trust (MET) helps make saving for college easier. Avoid rising tuition rates and save on college tuition by buying college credits at today's price with a MET 529 prepaid tuition savings program.
To learn how to start saving now, visit SETwithMET.com or call 1-800-638-4543.
