Thanks for a

a richer life.

I'm your host Laura Adams' quick and dirty tips for a richer life.

I'm your host Laura Adams. In this show I'll share tips to help you make tuition less

taxing. I got a great email from William who said,

it's almost that time of year when college students stock up on ramen noodles,

tighten their belts and grit their teeth

for a year of devoted study.

It's also time to start figuring out ways to fund this horrible trauma.

Because I chose the highly appreciated and well-paid career of high school science teacher,

I won't be able to pay off my loans as quickly as other professionals.

What kinds of loans? Loan forgiveness, student aid, tax credits, or other pots of gold do you have up your sleeve?

Thanks, William. Whether you're a young college student or an

experienced professional who's decided to head back to school, getting accepted

into a great program is just half the battle. The other half is figuring out how to pay for it.

So let's start with the most obvious way to reduce the cost of education,

have someone else pay for it. If you have family or an employer who's willing to pay all or a portion of your tuition, consider yourself extremely fortunate.

If you do plan to stay employed why you go back to school, like I did when I went for my MBA, approach your employer

about your eligibility for tuition reimbursement.

If you are a family member are going to fund all or a portion of your tuition,

tip number two is to save the money in a 529 plan.

A 529 is a tax-favored account that's

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