Monday, June 24, 2013 | 2 a.m.
Student loans have been in the news lately in regard to availability and interest rates.
When my grandchildren were born, I started to buy U.S. savings bonds for them for birthdays and Christmas. The first grandchild turned 21 and had a nice nest egg to help pay for some of her college expense. She had over $2,000, which helped pay her way.
I know they weren’t too happy at the time when they just got the notice that a bond was bought for them. When you buy toys, clothing, etc., for each holiday, it is exciting for a short time and then forgotten in time.
Now the bonds aren’t the best to buy, but some kind of savings would be well appreciated when college time rolls around. Instead of toys, clothing, etc., that are forgotten shortly after they receive them, help them to be able to use the funds for their future.
They will thank you the rest of their lives.