Always on the lookout for good financial advice, I found the following article on money.cnn.com http://money.cnn.com/2002/08/08/pf/c...oans/index.htm. I thought I found a good way to reduce my student loans early and to do with tax-free earnings - by opening a Roth IRA. The T. Rowe Price brochure says that the contribution and earnings from a Roth IRA WOULD be taxable if used for an educational purpose, but I wouldn't have to pay an additional 10% penalty. Is that correct? Or am I missing some fine print elsewhere in this brochure? I can't believe CNN would give such bad advice.