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Advice for financing your college career\\
ROD BUGARIN: It's important
to remember that financing a college education will happen over time, so I recommend that
families finance their children's education by taking a look at three resources. The first
resource is through current income, where roughly one-third of the estimated family
contribution should come from the money you earn from your job. A second third should
come from assets, so if you have assets in the bank, any stocks, or anything in your
home equity, that might be a good opportunity to take advantage of that. And the final third
is to realize that you're going to be taking out loans, as a parent, so you can spread
out paying your child's education over the course of time.