FTL, a company that services California, announces a scholarship program. James Hall, director of operations at FTL explained the reason why: “Many people in today’s financial climate do not have the ability to enter higher education due to the high prices. We feel, as part of the community in California, that it is vital to give back. The future of this company rests on our children being educated. Often times people who can qualify for college, are often worried about accumulating over $100,000 of student loans. The scholarship program will help reduce the burden of borrowing.”
California is not an inexpensive state to live in. According to some surveys it is ranked as the second most expensive state to live in. With housing costs, medical costs, and daycare costs, middle class American is getting squeezed hard. On one hand kids need help to go to college, and on the other hand active older adults need medical care or long-term care living. While the economy is currently doing pretty well, it doesn’t mean it will last forever. “When should a person start to plan for college? The answer is quite simple,” Hall states. “As soon as a child is born a parent should start to consider saving.” There are many options to use, but in most states a College 529 plan is a good idea.
FTL can be reached toll free at (844) 254-7170 and a friendly representative is available to help with any situation.
SOURCE: Press Advantage [Link]
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