Are you saving smart for college?

By Vince Thompson | Oct 9, 2009 |

According to a recent report, college in 20 years could cost as much as $250,000 per student. Regardless of the exact number its pretty clear that college is among the largest investments that parents will make. That said…only 43% of savers are taking advantage of 529 plans and while personal savings rates are really going up in this economy college savings rates are not. In fact they are falling. In this CBS Early Show report, Harry Smith talks with Ray Martin about how to save Smart for college.

 

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Christina Hernandez

Christina Hernandez is an award-winning journalist based in the Philadelphia area. Her work has appeared in the Los Angeles Times, Newsday, the Philadelphia Inquirer, Diverse: Issues in Higher Education, the website of the Columbia Journalism Review and elsewhere. Christina is a graduate of the University of Delaware and Columbia University's Graduate School of Journalism.

Christina Hernandez

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Melanie D.G. Kaplan is a veteran journalist, traveler and swimmer. She writes regularly for The Washington Post and is a contributing editor at Washington Flyer. She has also written for The New York Times, National Geographic Traveler, People and USA Weekend. Melanie is a graduate of Syracuse University and Columbia University's Graduate School of Journalism. She lives in Washington, D.C. with her beagle Darwin.

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In addition to working as a journalist, Melanie keeps the dog food fund flush with occasional consulting jobs. In the unusual event that her writing mentions a company or organization for which she has provided editorial services, she will disclose that fact. She will do the same should she cover any companies in which she holds investments.

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