Experts advise against using retirement accounts to pay for children’s college

Experts advise against using retirement accounts to pay for children’s college

01/05/11

Call it a cardinal sin of saving for college. As the cost of tuition, room and board continues to go through the roof, more parents are planning to crack open their retirement nest eggs to pay the bills, according to “How America Saves for College,” a report released this week by Gallup and college lender Sallie Mae.

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