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The Best Way to Help a Grandchild with College

June 16, 2016

College fundingA college education — even at a highly rated private institution — was once regarded as a relatively affordable route to lifelong prosperity, but in recent years it has become a hobbling financial burden for many families.

As a result, older generations are often stepping up to help their families with college funding. According to a Fidelity Investments survey of its investors — a more affluent group than the average — more than half of grandparents “are saving or plan to start saving to help pay for college costs.”

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