Archive for February 25th, 2010
Daily Archive
Thursday, February 25th, 2010
Why I Hate Pre-Paid College Tuition Plans
This Wall Street Journal article points out what I’ve been suspecting for years: Pre-paid college tuition is a scam! It’s a scam or rather “ponzi” scheme just like social security, medicare and any other government program with similar characteristics. This poor woman has contributed $100,000 under the false assumption that her grand kids college education [...]