Savings Accounts

It seems pretty simple. You earn some money, and based on your budget, you set aside a portion of it to spend on school in a couple of years. If you put it into a high-yield account, you might earn a few percent in interest each month too.

But college is expensive. And it's getting more so. If you're a sophomore or a junior, why not try something a little more sophisticated with your savings? Even if you only have a few years to play with, compound interest can give your fund a big boost. Click through for information on some popular ways to save for college.