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State Saving Incentive and Prepaid Tuition Plans with Coordinating Board Recommendations [microform]
Bib ID 5490228
Format BookBook, MicroformMicroform, OnlineOnline
Author
Minnesota Higher Education Coordinating Board, St. Paul
 
Online Versions
Description [Washington, D.C.] : Distributed by ERIC Clearinghouse, 1988 
120 p. 
Summary

The benefits, costs, and risks of prepaid tuition and state saving incentive plans to help families pay the cost of a postsecondary education are examined. After discussing why plans have been proposed, financing strategies and savings instruments currently available to families are reviewed. Three types of state plans have emerged: prepaid tuition, savings bonds, and savings accounts. Proposed plans of four states are reviewed briefly. Plans from other sources are also briefly considered, including short-term and long-term institutional prepayment plans, privately-operated plans through nonprofit organizations and commercial groups, and federal plans such as education savings accounts with favorable tax treatment. The possible impact on families and beneficiaries who might participate in plans is considered, along with the effects on postsecondary institutions and state government. Benefits, direct costs, and risks of various state saving incentive and prepaid tuition plans are identified, with attention to the possible impact on families and beneficiaries, postsecondary institutions, and state government. Recommendations of the Minnesota Higher Education Coordinating Board are provided in the concluding chapter. An eight-page bibliography is provided. (SW)

Notes

Availability: Minnesota Higher Education Coordinating Board, Capitol Square Building, Suite 400, 550 Cedar Street, St. Paul, MN 55101.

Educational level discussed: Higher Education.

May also be available online. Address as at 14/8/18: https://eric.ed.gov/

Reproduction Microfiche. [Washington D.C.]: ERIC Clearinghouse microfiches : positive. 
Subjects Financial Services.  |  Higher Education.  |  Incentives.  |  Parent Financial Contribution.  |  Program Administration.  |  Program Costs.  |  State Programs.  |  Statewide Planning.  |  Student Costs.  |  Tuition.  |  Minnesota Paying for College  |  Savings Accounts Savings Bonds Tuition Prepayment Tuition Savings Plans
Form/genre Reports, Descriptive.
Other authors/contributors Minnesota Higher Education Coordinating Board, St. Paul
Available From ERIC 

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