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| | 529 Plans, Morris, County, College Savings Plans, Passaic, College, Funding, Plans, Education, Union, Essex, Bergen, ... (Site not responding. Last check: 2007-11-06) |
 | | College education expenses have grown roughly 5% on average since 1990, easily outstripping inflation, which rose only 2.84% on average during the same period. |
 | | If you begin depositing $242 per month when your child is three and continue these monthly investments for 15 years, you'll have saved more than $100,000 when the first class bell rings: $43,560 in principal investment, and the remainder in earnings on that principal, based on a 10% rate of return. |
 | | The hypothetical borrowing scenario assumes a $100,000 loan repaid over 15 years at 6% interest, compounded monthly, beginning after college graduation.These examples are for illustrative purposes only and are not intended to be representative of the performance of any AIM fund or the plan. |
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