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GOP senators want to fund health savings accounts instead of extending COVID-19-era subsidies that made Obamacare less expensive for millions.

Saving for college is a major financial goal for many parents: they want their kids to afford a shot at paying for one of the greatest career bumps out there, an undergraduate (or even graduate or professional) degree.

The Senate will vote this week on a GOP bill to put money in health savings accounts, as well as a Democratic bill to extend the expiring ACA subsidies. Both are expected to fail.

A Republican call to give Americans cash instead of health insurance subsidies revives an old idea that has left millions with medical debt.

Leaving your money sitting in a savings account might seem safe, but it can quietly lose value, miss out on growth—or even risk being turned over to the state.