Nancy Farmer
President, Private College 529 Plan
April 6, 2015

“How come anything you buy will go on sale next week?” – Erma Bombeck

American humorist and columnist Erma Bombeck died before 529 plans became a common vehicle for families to save for college. But I think she would have approved of 529 prepaid tuition plans. They each offer college education in the future, at guaranteed prices.

And unlike Erma’s wistful complaint, the 12 states and one private college organization that sponsor prepaid college tuition plans don’t make any secret of when you can buy their products on sale. In fact, they advertise trying to get more and more families to take advantage of the benefits.

Why use a prepaid tuition plan?  Here are several reasons: