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These days a college education comes with a very steep price tag. Tuition cost have increased by 945 percent since 1980, with a four year education amounting to nearly a quarter-million dollars at some universities.
There are a number of good ways to fund a college education and they should all be explored. One method that is not widely known. but is very effective, is the use of an Index Life Insurance Policy.
The purpose of life insurance if first, and foremost, to provide financial security for those we leave behind, but when structured properly it can be a great resource for funding a number of things, including a College Education.
Some of the advantages of using an Index Life Insurance Product include: