WASHINGTON – A college degree isn’t cheap — but is it even worth the cost?
If you like money it is, so says , citing the annual 529 report from the College Savings Plan Network.
The report shows that a college graduate is likely to earn $570,000 more than a high school graduate over a lifetime.
Having a college savings plan in place is helpful, too. Consumer Reports finds that kids with such a plan are six times more likely to earn a higher education degree than those who don’t.
A 529 college savings plan is an investment plan with tax advantages, typically set up by a parent or grandparent.
Brennan Haselton contributed to this report. Follow on Twitter.
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