Florida's Giving Out Discounts on College

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As parents look for ways to reduce their child's future student debt, prepaid plans allow them to get ahead of surging costs.

Floridians might have a pathway to college savings through the state's Prepaid College Savings Plans, but they have only about a month before the open enrollment window closes.As parents look for ways to reduce their child's future student debt, the prepaid plans allow them to get ahead of the surging costs of higher education.President Joe Biden has passed several plans to lower student debt payments or erase loans for Americans if they meet certain criteria.

'Some people, though, may be hesitant to invest in the programs early without knowing exactly which path their child will take in their career.'I also think it's important to first have a discussion on different pathways for students toward their professional future first,' Beene said. 'Increasingly, many families are starting to realize a college degree may not be the only or best way for their student to obtain a career.

 

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