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Financial Planners Urge Early College Savings Strategy

Financial advisors recommend families begin setting aside funds for higher education from infancy rather than waiting until high school. JPMorgan Asset Management's head of education savings outlined this strategy during discussions about 529 education savings plans. Early contributions compound significantly over time. The guidance addresses missed opportunities when families delay establishing college funds. Education financing experts stress that consistent early-stage investing helps families absorb market volatility and reduce reliance on student loans. Tax-advantaged savings vehicles offer an efficient pathway to build educational endowments. As college costs rise, advance planning becomes critical for middle and working-class households managing tuition obligations.