The Huffington Post – LearnVest
“Three out of four families worry that they won’t have enough to pay for college. But there’s also some good news: For the first time since the recession, Americans are ramping up their college savings. According to Sallie Mae’s How America Saves for College 2014 report, more than half of all parents have started saving for higher education. And college-savings account values are also on the rise: The average amount families have in tuition funds is now valued at over $15,000 — that’s a 30 percent increase from 2013. The challenge, however, is that those savings still pale in comparison to eye-popping tuition rates, which are rising faster than inflation…To help parents better combat the college cost creep, we pinpointed the most common mistakes parents tend to make when saving for college–and then tapped financial pros and college planning experts to school us on how to avoid them.”(more)