College Cash: A Study Guide

Financial planners have plenty of long-range investment suggestions for parents whose kids will start college in 10 or 15 years. But what if your child is among the 10 million who are already 16, 17, or 18 years old, with high school graduation just around the corner? For many families stuck in today's sluggish economy, the cost of higher learning--about $6,000 a year at a state school, $20,000 at a private one--can be daunting. Luckily, Uncle Sam has just loosened the purse strings on financial aid.

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