How To Make Most Of Savings Bonds For Kids' College?

Lynn wants to do even better with the college savings than her parents' savings bonds will do.

QUESTION: Lynn asks how to make the most of the savings bonds her parents have set aside for her kids’ college education.

ANSWER: Savings bonds have a lousy rate of return, so you should cash them out and put the money in good growth stock mutual funds.  If the kids already have student loans, use the savings bonds to pay those off.