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Tribal advocates keep up legal pressure for fair political maps; 12-member jury sworn in for Trump's historic criminal trial; Healthcare decision planning important for CT residents; Debt dilemma poll: Hoosiers wrestle with college costs.

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Civil Rights activists say a court ruling could end the right to protest in three southern states, a federal judge lets January 6th lawsuits proceed against former President Trump and police arrest dozens at a Columbia University Gaza protest.

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Rural Wyoming needs more vocational teachers to sustain its workforce pipeline, Ohio environmental advocates fear harm from a proposal to open 40-thousand forest acres to fracking and rural communities build bike trail systems to promote nature, boost the economy.

What to Do With the Tax Refund? Invest in Your Kid's Education

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Wednesday, April 13, 2011   

TALLAHASSEE, Fla. - Floridians facing Monday's deadline for filing income-tax returns are being urged to consider building tax-free savings for college via the Florida College Investment Plan.

The $30,000 average cost of four years of in-state tuition and fees for a public college today is expected to triple to more than $100,000 by 2026. Duane Ottenstroer, who chairs the Florida Pre-Paid College Board, offers an investment plan which allows parents to save funds tax-free to send their children to college.

"What we are encouraging is that when you get your tax refund, instead of spending it, you invest it through the Florida College Investment Plan."

A college investment plan can be opened with as little as $250. This program supplements the pre-paid program that locks in tuition and fees at today's rates, and is a timely move with Florida college tuition rising more than 15 percent in the past two years.

The plan's purchasers may use the funds to pay for many college expenses, Ottenstroer says, including tuition, fees, room and board, books, and even computers.

"The difference between having a college education and a high school education in terms of future earning power is about $1 million over a lifetime."

The Florida College Investment Plan and the Florida Prepaid College Plan are the largest and longest continually operating plans in the nation. For details, visit myfloridaprepaid.com or call 1-800-552-GRAD (4723).


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