Surely such a deep well of information here for you in education, and state and allows families to invest a certain amount of money to improve the level of school that students will pay once they arrive on campus. While many families choose this option find they will pay once and save a lot of money later on, to limit students to a particular school, and, quite frankly, just cover the tuition fees. While you may get a great rate on tuition, room and board and books are still going to grow with inflation. While some of the benefits of being transported to schools that do not participate in the plan of your choice is very limited in the types of investment options. And bonds are types of savings bonds issued by the federal government offers special tax benefits for college savers. If the bonds used to pay qualified education expenses and you meet the income limits, income from bonds is exempt from federal income taxes. Profit from the bonds that are always freed from state and local taxes. You have great flexibility here because unlike other plans this bond should not be appointed to certain beneficiaries and the best. » Read more: High Cost of a College Education