Planning for College
The Connecticut Higher Education Trust (CHET), Connecticut's direct-sold 529 college savings plan, can help you put a child's college education within reach if you start early, contribute regularly and ask for help.
For most families, saving enough to pay for the costs of higher education can seem overwhelming. However, with good planning, funding a college education can be easier to achieve than you might think. We can help guide you from here to there.
Giving your child or loved one the gift of a college education may be one of the most important gifts you can give, because education can open doors to future economic success. Statistics show that median earnings (income) for a worker with a bachelor’s degree were over 60 percent higher than median earnings for a worker with a high school diploma alone1.
1Median Earnings and Tax Payments of Full-Time Year-Round Workers Ages 25 and Older, by Education Level, 2008: The College Board, Education Pays 2010, Figure 1.1; U.S. Census Bureau, 2009; Internal Revenue Service, 2008; Davis et al., 2009; calculations by the authors