Sallie Mae’s New College Education Investment Planner

Posted on July 14, 2009 by Barbara Macaulay

UMassOnline Barbara MacaulayFirst, before I forget, Sallie Mae has announced a Saving for College video contest, which gives families a chance to win up to $5,000 for education. You can read about that here. Sallie Mae, as you probably know, is the nation’s leading provider of student loans and administrator of college savings plans.   If you are interested there is a deadline of August 1st…

But in that same article there is perhaps a more important link. It takes you here, to Sallie Mae’s new college education savings and investment planning model online. As you can see it is designed to help answer questions such as how much to save now, how to avoid borrowing, and how to adjust your savings rate over time.

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