In some places here, you can do a 'Tomorrow fund' where you lock in today's price of tuition so that you're not paying 2-3 times the same cost when your kid goes to college.
I'm going to continue the kitty user pic theme here...
I would say that not only did it hamper me, but tuition de-regulation in my program gave the university carte blanche to charge me more for the five years I was there. The original idea was that because Computer Science was such a burgeoning job market, and just about everybody got a job after leaving post-secondary schooling, that it's right to demand more money!
Then the dot-com bubble burst, and now nobody's hiring anymore.
I'm doing a little bit, for right now. I use UPromise (http://upromise.com). I have it set as a college fund for my niece right now, but once I have a munchkin of my own, I'll switch it over, since my sister and brother-in-law have other plans for financing her education.
We have a Registered Education Savings Plan through Canadian Scholarship Trust Foundation. Everything we put into it up to $4000 a year is matched by the government, so having it as a registered plan literally doubles our savings. It has downsides, though. If she chooses not to go back to any kind of post-secondary program after the first year, we'll lose the rest of the money or have to roll it over to someone else.
We've also go a whole-life plan going for her, which we're hoping might be enough when she's twenty-five or so to provide most of the down payment on a house or some such.
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(no subject)
Date: 2005-08-23 11:58 pm (UTC)(no subject)
Date: 2005-08-24 12:01 am (UTC)(no subject)
Date: 2005-08-24 12:19 am (UTC)(no subject)
Date: 2005-08-24 12:55 am (UTC)(no subject)
Date: 2005-08-24 02:26 am (UTC)I would say that not only did it hamper me, but tuition de-regulation in my program gave the university carte blanche to charge me more for the five years I was there. The original idea was that because Computer Science was such a burgeoning job market, and just about everybody got a job after leaving post-secondary schooling, that it's right to demand more money!
Then the dot-com bubble burst, and now nobody's hiring anymore.
(no subject)
Date: 2005-08-24 02:51 am (UTC)Congrats on the editorial!
(no subject)
Date: 2005-08-24 09:07 am (UTC)I'm doing a little bit, for right now. I use UPromise (http://upromise.com). I have it set as a college fund for my niece right now, but once I have a munchkin of my own, I'll switch it over, since my sister and brother-in-law have other plans for financing her education.
(no subject)
Date: 2005-08-24 10:59 am (UTC)We've also go a whole-life plan going for her, which we're hoping might be enough when she's twenty-five or so to provide most of the down payment on a house or some such.
(no subject)
Date: 2005-08-24 11:04 am (UTC)