According to investopedia.com the total amount of outstanding student loans reached an all-time high in 2019 at a staggering 1.41 trillion dollars being owed. Roughly 70% of American students end up taking out student loans to go to college and leave college with around $30,000 in debt.
You can start today to help your child not start their adult life thousands of dollars in debt by opening a Prepaid College Plan through Florida Prepaid. Right now Open Enrollment is happening with plans starting at just $44 a month. This five-year low is helping families all over the state have peace of mind about paying for their child’s future.
Florida Prepaid is the most successful and longest-running Prepaid College Program in the nation and has helped over one million families save for college. Backed by the State of Florida, each Prepaid College Plan is a secure way to give you peace of mind about your child’s future.
Florida Prepaid Plans can be used at in-state, out-of-state, public or private schools around the country – or even the world. In fact, your student has 10 years from their projected college enrollment date to use their plan benefits.
This means that by purchasing a plan for a newborn, as an example, you are able to lock in the costs covered by a Florida Prepaid Plan for the next 28 years!
If your student does not use all of the plan benefits, you may transfer the benefits to another qualified family members or even request a refund. You can even cancel your plan at any time for any reason.
You can get started right now and save $25 on your application fee with the promo code MOMMY20.