College graduate holding a diploma while embracing a family member, representing education planning and saving for college

Saving for College: What Happens to Unused Funds?

Paula DelghansEstate Planning

Planning for College Is Smart—But Life Doesn’t Always Go as Planned Many parents and grandparents set aside money to help pay for a child’s or grandchild’s education. However, education paths often change. For example, a student may earn scholarships, choose a less expensive school, attend trade school, or skip college altogether. As a result, families often ask an important question: …

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