College

  • Can I Really Go to College?

    By Mary Anne Busse
    Managing Director, Great Disclosure LLC
    June 20, 2013

    I know one young student, let’s call him Sam, who wants to attend college but he just hasn’t focused enough on his grades. Smart kid, but hasn’t applied himself. Now that he’s about to be a senior in high school he’s realized that he needs to step it up. He even thinks it may be too late. I also hear many students say that college won’t work for them because they don’t know what they want to do. Others think they have too many financial responsibilities. Still others may think college costs too much.

  • Make College Savings a Part of Your Estate Planning

    By Lucas Minor
    Marketing & Communications Coordinator, Guaranteed Education Tuition
    June 13, 2013

    You may have heard someone say, “My grandmother left me some money for college.” It’s clear how much that grandparent valued higher education, and it shows her belief in that student’s future success. That kind of confidence is an inspiring gift with many intangible qualities.

  • CSPN Helps Families and Friends Give the Gift of College Education

    By Hon. Michael L. Fitzgerald
    State Treasurer, State of Iowa
    April 30, 2013

    Whether they are graduating from kindergarten, elementary school or high school, there is no better way to celebrate a child’s education than with a contribution to their 529 Plan college savings account. This graduation season, in order to encourage families and friends to give the gift of higher education, the College Savings Plans Network has compiled information and tips for people looking to give the gift of education.

  • Should you use life insurance to save for college?

    10 Important Questions to Ask Before you Decide<
    By Joan Marshall,
    Executive Director, College Savings Plans of Maryland
    April 23, 2013

    For those of us who manage 529 college savings plans, this is a question that we hear from time to time – primarily when families see an ad (usually on TV) that promotes life insurance as a way to save for college.

    In Maryland, we have responded to this question by creating a chart that compares our 529 prepaid tuition plan and our 529 savings plan with one of the popular life insurance products.

  • Your job is to work hard in school so you can get a scholarship.

    By Gina Rae Smith
    Assistant to Alabama State Treasurer Young Boozer
    March 26, 2013

    These are the words my mom told me when I asked if I needed to get an afternoon job during my high school years. She and my dad hadn’t saved money for my college tuition. We were a middle class family, both my parents were employed and both believed there was value in higher education. However, having grown up in small-town Alabama in the 1960s, my parents didn’t see going to college as the most common path to take after high school graduation. They both entered the work force and didn’t look back.

  • Data Indicates More Families Saving for College

    By the College Savings Plans Network
    March 13, 2013

    The College Savings Plans Network recently published its 2012 Year-End 529 Report and found that the total amount invested by American families in the plans has reached a record high of $190.7 billion. In 2012, total assets in the plans grew by $25.86 billion dollars, more than three times as much as the $7.43 billion increase in 2011. Additionally, the total number of accounts increased 3.7% over the past 12 months, going from 10.7 million in December 2011 to 11.1 million as of December 2012.

  • Reducing Your Out of Pocket College Costs

    By Steve Dombrower, CFA
    Vice President, College Savings Plans
    OppenheimerFunds, Inc., Program Manager for Numerous 529 Plans
    March 7, 2013

    In my January 4th posting titled “You Can Afford College”, I talked about how with a little knowledge, planning, and the right tools, paying for college can be within reach. Specifically, we explored how savings is only one of several sources of funding you will use when the time comes to send your loved one off to college. In this entry, we will discuss how saving today can potentially reduce your overall out of pocket college costs.

  • You Can Afford College!!

    By Steve Dombrower, CFA<
    Vice President, College Savings Plans
    OppenheimerFunds, Inc., Program Manager for Numerous 529 Plans
    January 4, 2013

    I’ll bet “You Can Afford College” is something you don’t hear very often. More likely than not what you’ve heard about paying for your child’s higher education includes things like continuously rising tuition inflation and adjectives like astronomical or impossible. Perhaps you’ve seen or have been presented with six figure numbers in terms of what you need to save making you feel like you just won’t be able to get there.

  • Give the Gift of College this Holiday Season:

    By Hon. Michael L. Fitzgerald
    State Treasurer, State of Iowa
    December 30, 2012

    The New Year is just around the corner, which means it is a great time to start thinking about saving for your child’s future education. Rather than having friends and family purchase toys that will soon be forgotten or broken, invite them to give one of the most meaningful gifts a child may ever receive – help toward paying for a college education.

  • College on Your Wish List?

    Smart Gift Giving this Holiday Season

    By Patricia Roberts
    Managing Director & Senior 529 Product Manager, AllianceBernstein L.P.

    November 20, 2012

    With Thanksgiving upon us and Black Friday and Cyber Monday soon to follow, gift giving is on the minds of many.  This is an ideal time to talk turkey about gifts for the children in your life.  

     

    Many college savings programs have tools in place that make it easy for account owners to invite friends and family to contribute to already-established accounts. Account owners should check with their 529 plan to determine what tools exist to invite others to contribute, such as deposit coupons that can be printed and shared.   A few plans even have paperless tools enabling gifts to be made electronically!

    blog 10 diploma-2

    Why put college on your holiday wish list?

  • Trends in College Pricing

    (Part 1 in a Series on the College Board’s 2012)
    By Mary Anne Busse
    Managing Director, Great Disclosure LLC
    November 2, 2012

    The College Board recently came out with its 2012 Trends in College Pricing and it’s chock full of great information – some good news and some not so good news. According to the report, published prices for tuition and fees at public four-year colleges and universities increased 4.8%, the smallest since 2000‑01. For prospective college students, that’s great news! Unfortunately, the report also found that “the growth in published prices at public four-year institutions has been higher over the past decade (averaging 5.2% per year beyond inflation) than over either of the two preceding decades.”1

  • Don’t Get Spooked by College Costs

    By Jodi Golden
    Director, CollegeChoice 529 Savings Plans
    October 25, 2012

    It’s October so you know what that means – pumpkins, trick or treating, costumes and scary activities! For children, haunted houses and ghost stories from the past may scare them. Mom and Dad however, may be scared of the “what ifs” of the future: how will we save for retirement? Or for our children’s education? There are some scary tidbits out there: