megaphone image
The FAFSA is Now Open

Review our steps to make sure you’re ready

Jump to Announcement Dismiss

Search Site

Suggestions

Planning
Your Guide for Advanced Placement (AP) Exams
4-min read
Planning
How to Take a Leave of Absence from College
5-min read
Paying
Should I Expect the Same Financial Aid Every Year?
3-min read
Paying
Scholarships with April Deadlines
3-min read
Paying
Scholarships for Graduate School
3-min read
Paying
Scholarships for Elementary & Middle School Students
3-min read
Resource Center Why Save for College?
Cover with title that reads "Why Save for College"
Share Add to Favorites
Resource Center Why Save for College?

Why Save for College?

Why Save for College?

Even if you understand the importance of saving for college, it can be challenging to start the process. And many people fear that if they can’t pay for all of college with savings, it’s not worth it to try. MEFA’s Associate Director of College Planning Jonathan Hughes explains why saving is important, how the cost of college might not be as high as you think, how savings can reduce the need to borrow, and why saving for college sends a message to a child.

To learn more about saving for college, visit our savings webpage.