WASHINGTON -- A renewed federal emphasis on financial literacy education could have an ancillary payoff for the financial planning profession: more new planners.
Federal officials are developing new tools that could help advisors -- and their clients -- get a better sense of the true costs of various schools and navigate their options for funding tuition over the top of 529 savings plans and other vehicles. But some experts say the new financial literacy efforts could help attract more young people to the profession.
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