Mistakes can cost parents when they save for their kids’ college education.

4 Costly Mistakes Parents Make When Saving for College

Failing to qualify for tax credits and taking loans against a 401(k) are two common problems.

Mistakes can cost parents when they save for their kids’ college education.

Mistakes can cost parents when they save for their kids’ college education.

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Reyna Gobel, frequently quoted as an expert on student loans and college costs, is the author of "Graduation Debt: How To Manage Student Loans And Live Your Life" and "How Smart Students Pay for School: The Best Way to Save for College, Get the Right Loans, and Repay Debt." She has appeared on PBS's Nightly Business Report and speaks regularly at CollegeWeekLive.