College Savings – A critical addition to your Financial Wellness program
A Passionate Concern of Your Employees
It’s an understatement to say that college savings is an important financial goal for families with children. “We see it firsthand every time we host a workshop for employees,” said Chris McLeod, Tuition Financing Consultant with TIAA-CREF Tuition Financing, Inc. “We are talking about an issue that is top of mind for parents, grandparents, aunts, uncles etc. Seeing the next generation succeed is very near and dear to the heart.”
Families understand the importance of higher education to the future of their children and other loved ones. Studies show there is a clear hierarchy in both income level and growth rate of income as the level of education increases. Even “some college,” or an uncompleted bachelor’s degree, provides a higher level of income than graduating from high school alone. As a result, the demand for higher education continues to rise while student loan debt has skyrocketed.
For many families, higher education is the gateway to the American Dream. MNSAVES can help your employees accomplish their college savings goals and turn dreams into reality.