But that's not the price you will pay in 18 years.
CNBC ran the numbers, and we can tell you how much money you would need to save to send your child to OxfordThe first tool you will need is a 529 savings plan. The products vary but allow you to save money for a child's education costs and offer much more than a traditional savings account. Check out this video to see how much you will need to put away every month to send your child to college on the other side of the Atlantic without student loans.
529 plans are complete garbage. What happens if market is flat for 10 years. You get nothing because they don't pay dividends to reinvest. Where are the dividends to reinvest!!!
Bs
Someone should have warned us paying from 529 plans doesn't allow for the American Opportunity Tax credit and others. The money saved with a 529 was wiped out by the loss of those credits.
Yes but only for college. There are better options if they don’t want to be taxed if they don’t use it for college, and not every kid will go to school.
529 plans are great for saving money for education. Alternatively you can also invest in mutual funds, indices and ETFs which could have some additional tax benefits.
it's stupid to save money for college instead borrow as much as you can and Biden will forgive the loans.
Get the loan, democrats will give you a refund. Oh, that's right, they lied about that.
'Let's all just hope our kids don't want to go to college, problem solved!'
Unless your state run 529 plan sucks. Way to go Iowa...D-
Oxford? How about a University in-state?
Are you really for the majority?
Is it necessary to be Oxford?
This is BS. Kids with college funds are going be means tested just like retirees with SS and Medicare. Just like student loan forgiveness...save you $$ outside of a college plan.
Sbf stole billions from innocent folks....what say you andrewrsorkin
ryanflores85 Anyone that would like to see panthers as there pets in…… the metaverse , jump on board .
acorns I did all this by scrimping but now the kids of folks who blew their money may get their loans psid off. Whst BD
acorns Don’t worry. Just incur as much debt as you can. Spend it all on a degree that won’t ever enable you to repay the loan. The govt will just forgive it.
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acorns I believe higher education should be free for all
acorns College is now free, you are a moron if you pay your student loan off.
acorns horrible
acorns You coulda ran with a video on Bitcoin or DeFi... but you went with this?
acorns anchor_protocol has 20% returns yearly =)
acorns wow
acorns At some point the loans will more than likely be forgiven. If my kids were college age, I’d have them go 100% loans (after any possible scholarships(
acorns good luck
acorns Meaningless degrees.
acorns
acorns
acorns Just be careful over saving. My oldest graduated last spring and was way under budget as she elected to commute to college. My youngest starts in fall and I tell her to take her time (cause we’re sitting on $300K). The historic bull market & now melt up really impacted the total
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acorns They may be part of the kidnapping ring, that operates in all aspects of government
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acorns Why do this if Joe Biden is canceling Student debt. Hmm
acorns Can we go somewhere today?
acorns Looks like my kid's going to have to get a J-O-B
acorns
acorns How about they join the military, stop being free loaders or maybe just work during college. I did both, came out with a masters and only $7,000 in loans While my friends were borrowing money thinking it was free money and partying on weekends n going on spring break I never went
acorns Say goodbye to your 529 savings! You would be lucky, if you still have 50% left in your 529 in a couple of month... is on a mission to help FED to redistribute wealth from clueless hard working people to 10% wealthy people. Shame to ...
acorns NY 529 is the best. I saved on my kids and that was the best decision I even did
acorns Or they could buy bitcoin instead
acorns No point in saving for something that will be free
acorns why pay for college if others will be bailed out ?
acorns Or they could not.
acorns भारत सरकार का बहुत बड़ा फैसला। मुकेश अम्बानी ने भी किया बहुत बड़ा ऐलान। Alok industries शेयर टारगेट 1700 रुपये। अभी वीडियो देखें और चैनल को सब्सक्राइब करे।
acorns Under the Biden administration why wouldn’t every student want a student loan? Free money at hard working taxpayers expense
acorns Shit is too expensive...ridiculous
acorns If he/ she becomes doctor then they might be forced to prescribe unnecessary medicines including unnecessary surgery malpractice for financial gain because of such heavy investment recovery!!
acorns Good
acorns Yeah Sociologists Are Barred From HHSGov For Socioeconomic Studies..
acorns nice
acorns Unless the fund run awry of Reddit users and then my kid is left with nothing.
acorns Trump hasn't been jailed yet?
acorns Please take a second to follow me. Beginning soon I will be making videos discussing the absurdities of news stories and the problems surrounding situations that occur and political activity, such as this article.
acorns Why worry about student loans when the almighty Federal Gov is here to fund forgiveness
acorns Maybe this is where I should use the 600 I have coming? Nope. Better pay the power bill and rent first.
acorns You’d lose 3 years of compound interest in this model, as you don’t prepay in yr1 (at age 18) for 4 years
acorns what is $529 gonna do?
acorns Just invest yourself not with a 529 lol. Also college is pretty much a debt scam these days anyway.
acorns This is stupid. Buy Bitcoin and Ether.
acorns 529 is way too restricted and does not cover transportation to and from colleges, often not 100% on off-campus housing, food and many college necessities Will not cover the flight to Oxford
acorns a great saving plan How about letting Americans keep their own tax money ! And stop spending it on other countries
acorns thank you very much for your work
acorns
acorns Thanks to Pelosi, some people can't afford to buy groceries.
acorns I thought college was going to be free?
acorns There should be far less money going to 'pro-life' politicians who do little more than grandstand on Fox News and far more money going to the pro-life pregnancy centers that are actually saving precious little lives.
acorns I took the 529 NY and provided my 2 kids college expenses coverage on their undergrad tuition.
acorns Why bother? Biden and the DEMS want to pay off student loans for everyone.
acorns Say goodbye to your 529 savings! You would be lucky, if you still have 50% left in your 529 in a couple of month... is on a mission to help FED to redistribute wealth from clueless hard working people to 10% wealthy people. Shame to ...
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acorns 529 savings plan + gives those 1 % parents a list of top universities that offer an array of bribing options.. - A 529 savings plan is a great tool for parents who want to send their children to college w/o relying on student loans
acorns But why do it if the govt gonna cover up student loans anyway? 🤔
acorns Families can't save a dime due to the wicked rich. The democrats and Hollywood's agenda of destroying the family unit isn't helping either.
acorns thank you very much for your work
acorns If you're still sending your kid to college after 2020, there's no hope for you.
acorns I started Coverdell and later 529 plans for my daughter’s as soon as they got their SS. My oldest graduated last spring and still has $100K in her 529. She has a younger sister but she has a big balance too. We over saved and will pay.
acorns Ah the annual 529 BS. These plans are great when kids are 13 and confident THEY want college. Reality: 25% of kids don't go to conventional college IF at all, leaving parents a huge penalty/tax liability to get that money back while making marginal gaining 529 sponsors rich.
acorns Can I self direct this in a TD account?
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acorns Who has the most to benefit for u to get a college degree? The government...higher wages therefore higher taxes bills... if the government is gonna be my business partner without doing anything at least pay my degree. Education is a right
acorns Speaking of savings plans, download TheRizzleApp and vote for beauty_Baby45 on the 360 Winter Fashion contest
acorns Or buy your kid a paid off house and 200k in cash
acorns Or not a great tool .
acorns College is worthless
acorns
acorns Why do this when the democrats are going make education free for everyone?
acorns Skip this and buy Bitcoin instead.
acorns 3% increase, yeah, right.
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acorns We need colleges to be disease free
acorns Another hedge fund ploy to get suckers to invest and end up falling even shorter.
acorns I ponder, will the institution of college be relevant in ten years? collegedebt
acorns So CNBC is a fiduciary now?
acorns Bloodshot Movie and games Visit=
acorns Unless Biden screws with this tax advantage
acorns VOTE FOR JOE BIDEN… Help America have Friends and Allies Again!
acorns
acorns Who has the ability to save $17k ever year for one child, let alone if you have multiple children?
acorns You know that old saying, 'it's as simple as saving $1700 a month for 18 years to send your kid to Oxford.'
acorns This screams White Privilege! Money is White Privilege 🤔🤣
acorns Watch. The. Movie.
acorns Or ya know we could have free college & make $ back as well as having a better educated society
acorns Better idea - make college affordable for every American so we can remain competitive in the global economy.
acorns Get a student loan. Fuc it!
acorns Too bad everyone is unemployed and using their spare change to put food on the table.
acorns No is not , you just lend your money to the bank to use them after fees you get your money only
acorns or grade school 😉
acorns We saved big for University but we did not use a 529. All our kids received full academic scholarships. So that money went to our early retirement.
acorns Obama*shit obiden*shit Obama*shit obiden*shit Obama*shit obiden*shit Obama*shit obiden*shit Obama*shit obiden*shit Obama*shit obiden*shit Obama*shit obiden*shit Obama*shit obiden*shit Obama*shit obiden*shit Obama*shit obiden*shit Obama*shit obiden*shit
acorns Covid-19 🎁 to 🤑
acorns In college what u want to teach the students HOW TO MAKE MONEY or to make money you open the school college with heavy fee.. 🤑
acorns Don’t need a 529 PLAN!!! You Dems promised us all Free Education!!! Screw the Kids Buy Beer and Cigs!! Governments got this whole free gig figured out!!!!!
acorns This is actually hilarious
acorns Oh is that all? $17,000 a year per kid from birth to 18. LOL sorry kids no Oxford for you.
acorns Who is the target audience for this? The top 1%, who are likely already lawyered up with trust attorney who handle the “math”?!?
acorns Stupid
acorns send them to college from their room to the basement to take classes, right after they deliver Uber eats for at least 5 hours to pay rent to stay in your house until they are 17.
acorns This is a great video. Well explained and easy to understand. However, the way Corona is changing the landscape of society, school may not be as expensive in the future.
acorns Don’t waste your time here. This is how you save in a 529: Open it as soon as the baby is born. Contribute as much as you can as often as you can. $500-$1000 per month minimum. Watch it grow. After 10–15 years, you’ll be on track and can maybe stop the contributions
acorns College is a waste of money
acorns It is communist and corruptive to have rules not allowing 529 investors to buy ETF and individual stocks.
acorns ha,ha. it mentioned ' interest' .5%
acorns Get rid of student loans, problem solved.
acorns Scam
acorns Who has an extra $1400 a month to put away in savings for 1 child? Clearly I'm doing something wrong