October 2013

Monthly Archives

  • Saving For College Doesn’t Have To Be Scary

    By Michael Parker
    Executive Director, Oregon 529 College Savings Network

    Ghosts and ghouls may scare you when they come knocking at your door for Halloween treats. But college savings isn’t as scary as some people think. One of the common pieces of feedback that 529 plans hear is that “I’m too late,” or “I don’t want to bother, because I won’t save enough.” That is scary.

  • College Board Publishes Some Good News For College Savers

    Mary Anne Busse
    Managing Director, Great Disclosure LLC
    October 23, 2013

    The College Board just came out with their annual review of college prices. Trends in College Pricing 2013, the College Board noted that in-state tuition and fees at public four-year institutions increased just 2.9% in 2013-14 compared to 2012-2013 prices. This “followed increases of 4.5% in 2012‑13 and 8.5% in 2011-12 and was the smallest percentage increase in over 30 years”. That is some promising news for college savers. If this trend continues, it means your college savings may go much further than you may have originally planned.

  • 2013 NAST Annual Conference

    By Betty Lochner
    Executive Director, Washington’s Guaranteed Education Tuition program
    October 15, 2013

    Last week I attended the National Association of State Treasurers’ (NAST) annual conference in beautiful Asheville, North Carolina. This event brings together state treasury departments from across the nation to discuss public finance issues, share policy ideas and elect new NAST officers for the upcoming year. For me, the conference was a valuable and informative three days of networking and gaining more insight into the complex financial issues throughout our nation and how those issues are affecting individual states and 529 plans.

  • The Truth about Prepaid Tuition Plans

    By Mary G. Morris
    CEO, Virginia529
    October 1, 2013

    “Why should I save for college with a prepaid tuition plan? My financial advisor said I should invest in a 529 plan instead.” Many of us in the 529 world frequently hear this from families who are exploring their college savings options. Our response is always the same, “A prepaid tuition plan IS a 529 plan, and there are some important benefits to saving for college with one.”