I have two cousins who will be entering college this year and their mom is so concern about money. We all know that going to college is expensive and it is not easy to have two college students in the family at the same time. My cousins are planning to take private loans. With student private loans they can help their mom with financial expenses. And they also told me that they will be working part time so they will not ask large amounts of money from their parents.
My cousin asked me if I have any ideas to help save for college and I told them that they can have saving accounts or prepaid tuition plans.