I return with you toAdriana: let’s get ready,thank you very much.the cost of collegemay be too much for oneworking family.that is why it is advisable to startto save as soon as possible.romy cabral talks about an accountspecial that works as aretirement account, but foreducational expenses. the city ofNew York opened it for eachkindergarten student.romy: the educationcollege could costannually an average of$ 10,500 in a public universeand $ 37,000, in a private one. bythats new york cityto motivate savings touniversity, is giving $ 100to open 529 accounts aákindergarten studentpublic schools.an estimated 70,000 childrenthey could benefit.>> program has the benefitthat you don’t have to payimposed on none of theinvestments within the plan.investments are mostlyshares as of very compíaslarge and bonds, loans tocompany already establishedgovernments. the actions havereturned between 8% and 10%currently. the bonds havereturned up to 6%.romy: what were theadvantages for fans whothey start saving foreducation of your children whenthey are preschool ageagainst those who save withAre they in high school?>> when they contribute little, beaccount that they surpass the parentsthat started after andcontributed a lot, for thatsame concept that I hadon interest. compound.romy: a mother who already enjoysof the benefits with his daughterolder just entered theuniversity and you sell us ainheritance and why do you recommendlow-income parentssave for educationuniversity.>> if they can save fivedollars a week is this gamein the account you help a lotinterests over time.added that the process foruniversity to receive thefunds was easy.for information on thissaving type, you can visitthe web page that appears inscreen.you will know how theprogram and can apply tofrom January.will be further oriented in theschool on how to have theseyou have $ 100.anyone who wants cancreate a 529 savings accountfor higher education ofa child, without having to befamily father. They do not have
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