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Financial Literacy in Action
Tutorial: Special Investments for College
 
 

Access http://www.newyorkfed.org/education/invest/
payingforcollege.html
Read “Investing for a College Education.” Explain your answers to the following questions:

  • What are three important facts that you learned about funding a college education from this website?
  • How do the following compare as investments for college: growth stocks or growth stock funds, zero-coupon bonds or bond funds, 529 college savings plans, U.S. savings bonds, and Coverdell Education Savings Accounts?
  • What are the advantages and disadvantages of using each of these investments in the question immediately above as a means for financing a college education?
  • What is the most important advice that you would give someone who is investing for a college education?

Go to the college adviser in your school to learn about any additional investments that could be used to pay for tuition or other expenses.

 
Investing - Investments for College
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