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There are way too many "programs" for "college funding" out there. Most are just another "program" that pitches life insurance... and often they are not calling it life insurance until they get to the end or even until they get to the app.
Most parents arent even funding their retirement adequately. Very few are actually saving a sufficient amount to fund their child's college.
The ones that are saving enough, usually have way too many assets for any type of "EFC reduction plan".
Most people interested in these "programs" can only afford $100-$200 per year. All that is going to fund is community college.
I would never advise an agent to spend money or time going after this market.
Most parents arent even funding their retirement adequately. Very few are actually saving a sufficient amount to fund their child's college.
The ones that are saving enough, usually have way too many assets for any type of "EFC reduction plan".
Most people interested in these "programs" can only afford $100-$200 per year. All that is going to fund is community college.
I would never advise an agent to spend money or time going after this market.