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7 Simple Steps to Get Out of Debt

By Dave Ramsey
The Oprah Winfrey Show  |  September 13, 2005
College graduation cap and diploma

Save for College

When you save for your child's college tuition, you must make at least seven percent per year on your investment to keep up with inflation increases Building an educational savings account that is funded in a growth stock mutual fund will provide tax-free growth when used for higher education.

Photo: Photodisc/Thinkstock
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