Children Share Their Thoughts About Education and Careers with State Treasurer Roby Smith
DES MOINES – Iowa children have lots of ideas about the cost of education and their future career goals! At the College Saving Iowa State Fair booth, State Treasurer Roby Smith asked young Iowans to take a survey to gather their thoughts. “The top three careers children selected of what they want to be when they grow up are athlete, vet and artist,” Smith shared. “We also discovered 86% believe higher education will be needed to achieve their career goals. With just $25 and 10 minutes, College Savings Iowa can help families make these dreams a reality.”
“Kids dream big!” continued Smith. “Forty-seven percent of the kids we surveyed believe college will cost about $100,000. College Savings Iowa gives families a way to prepare for future education costs. Saving for children’s educational goals shows them we believe in all the possibilities their future holds.”
College Savings Iowa provides families a tax-advantaged way to save money for future education expenses. Anyone – parents, grandparents, friends and relatives – can invest in a College Savings Iowa account on behalf of a loved one. Savers can deduct up to $3,785 in contributions per account from their Iowa income taxes. Account funds can be withdrawn tax free to pay for tuition; room and board; books; supplies; and other qualified education expenses for K-12 education; trade schools; apprentice programs; colleges; and universities in the U.S. and abroad.
To learn more about the Plan, visit CollegeSavingsIowa.com or call (888) 672-9116. Connect with College Savings Iowa on Facebook and Twitter to stay informed on current events and updates. For additional details about the Plan, read the Program Description.