President Barack Obama has vowed to make education a top priority. But what does that mean for you?
According to Education.com, America lags behind many nations in the world when it comes to making college affordable.

To make college more affordable for Americans, Obama plans center around two goals: his American Opportunity Tax Credit and freeing up more money for aid by using public instead of privately funded loan providers.

The president said his tax credit will ensure that, “The first $4,000 of a college education is completely free for most Americans, and will cover two-thirds the cost of tuition at the average public college or university,” he says. “And by making the tax credit fully refundable, my credit will help low-income families that need it the most.”

Other methods you can use:
The president certainly has good intentions, but parents and guardians has to play their part.  Numerous approaches can be taken to fund future college costs. Experience has shown that middle class families experience difficulties because they have too many assets to qualify for grants and other support programs. At the same time, they do not have sufficient assets to pay the tuition and fees.

It is best to have flexibility and control when choosing a plan to fund college cost.  Although certain college-funding programs certainly have advantages, a blending of goal-specific funding, such as the prepaid tuition or 529 plan along with a general funding mechanism, such as life insurance or controlled investment and savings, may be most beneficial.

I would love to hear what method you think is best and why.