By Robin Lott
Executive Director, Michigan Education Trust
June 2, 2014

Summer is finally here and it’s graduation time once again!  Families are busy preparing to honor students and to celebrate many facets of milestone graduates.  Pre-school children are being recognized for graduating to kindergarten.  Elementary and middle school students are graduating to the next level and high school seniors are on their way to college.  Many families are also thinking, “Wow, where did the time go?”  Now is a good time to conduct a mid-year review of your college savings strategy.  Gifts into your 529 prepaid or investment plan can further reduce future college debt.