College

  • Saving for College is Easier than Diet & Exercise

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    Betty Lochner
    Chair of the College Savings Plans Network and Director of Washington’s Guaranteed Education Tuition (GET) program

    January 5, 2015

    The new-year is upon us and that means many of us have set resolutions like finding time to exercise more, eat well or accomplish a long-established goal.

    While I see the merit in making resolutions, I’ve never been one to make too many of them. There is one life-changing resolution I did make 15 years ago when I was hired as the Director of the GET program. Believe it or not, my husband and I had not started saving for our children’s college education and I knew if we did not start now we were never going to make it happen. We started small and kept adding to the effort over the years and I am proud to say that both of my kids graduated debt-free! My son recently completed his MBA at the University of Washington and is now a project manager at Microsoft and my daughter followed in her father’s footsteps and is a first grade teacher.

  • Give the Gift of Education

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    Buffy Kuiper,
    Senior Program Specialist
    Education Trust of Alaska 

    The holidays are fast approaching and the town is hustling and bustling with people frantically trying to find the best gifts and deals. With all the “this deal’s for you” noise, how can college savings plans across the country promote the idea of making a gift to a loved one’s college savings account?

    Do all of our friends have college savings plans? Sadly, most don’t. Would the promise of a contribution incentivize a family to open an account? Maybe, maybe not. Is this what parents want and prefer? How can one incorporate the idea of making a child’s college dream a reality this holiday season? It’s not about the amount; it’s about taking action and setting an expectation while changing the mindset from “if” to “when I go to college…” Who wouldn’t want a child to have a bright future?

  • Inspiration and Education as Holiday Gifts: Why Not?

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    By Patricia Roberts
    Managing Director
    AllianceBernstein Investments
    Nov. 17, 2014

    College Board

    I recently returned inspired in so many ways from the College Board 2014 Forum.  I was particularly moved by the FirstGen Student Panel moderated by John Quiñones of ABC News. Like John, these amazing students were the first in their families to attend college. They spoke of their challenging and courageous journeys to and through higher education and the positive impact college is having on them and on those whose lives they touch. The combination of John’s own powerful story and theirs presented a valuable reminder of the vital role that education plays in opening doors and the many rewards that perseverance brings.

  • Building Your College Savings Game Plan

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    By Luke Minor, Marketing & Communications Manager
    Washington’s Guaranteed Education Tuition (GET) program
    Nov. 3, 2014

    collegegameplan

    It’s the middle of football season, and no matter whether you’re a fan or not, there are some valuable lessons that can be learned from the top caliber NFL teams when it comes to getting ahead of college expenses. Like executing a winning game plan, saving for college takes thoughtful preparation, dedication and commitment. Here are some tips to get you started:

  • Take the Scare Out of Paying For College: Saving vs. Borrowing Can Have a Fiendish Impact!

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    By Lauren Shipley
    Public relations and marketing manager, College Savings Plans of Maryland
    October 6, 2014

    Pumpkins
    I hear one frightening theme as I travel in October: “I have been meaning to start a 529 plan for a while.”  I believe many families understand the need to save for college, but often misunderstand the true benefit of saving.

    It may sound bewitching, but each family has the power to cut their child’s future college costs in half. The power lies in saving now versus borrowing later.  To cover $25,000 in college costs, a family could put away $92 a month into a 529 plan for 15 years—a total investment of $17,000.

    1. A family choosing to borrow the $25,000 instead would have to repay roughly $35,000 (or approximately $300 a month over the next ten years)

    2. Their total debt would be double the amount spent by the family who saved. Ghoulish, right?!

  • The One: Finding and Affording Your Top Choice School

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    By Lael Oldmixon, Education Trust of Alaska
    Sept. 29, 2014
    tour experience UAF
    During the college search process, many parents and their college-ready young adults pile into the trusty family wagon and drive from school to school comparing campuses for the right fit. You know the right fit…it’s the right program of study, the perfect location, or just that magical feeling in the pit of the tummy that says this college is “THE ONE.” 

  • And That’s a Wrap to College Savings Month!

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    By Betty Lochner
    Chair of the College Savings Plans Network and director of Washington’s Guaranteed Education Tuition (GET) program
    September 25, 2014
    Charlie Davenport

    Well it’s been another eventful and all-together successful College Savings Month!

    In case you missed it, throughout the month of September, eight-year-old CSPN correspondent Charlie Davenport was busy investigating the inner-workings of the 529 world in a four-part series titled “College Savings Uncovered.” 

  • College Savings Discussed During NAST Annual Conference

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    By Alabama State Treasurer Young Boozer
    September 23, 2014

    Grand Hotel - ariel viewwebFrom September 6-10, the NAST* Annual Conference was held at the Grand Hotel on Mackinac Island, Michigan. It was my first visit there and I know exactly why they call it the Grand Hotel. It is massive, impressive and unique. The weather was spectacular while we were there. Even though it may be a bit difficult to travel to the island, the entire experience is well worth the effort.

  • Americans Continue to Show Their Resolve to Save for College

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    By: Betty Lochner
    Chair of the College Savings Plans Network & Director of Washington’s Guaranteed Education Tuition (GET) Program
    Sept. 9, 2014

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    Education is the key to unlocking the door to opportunity. Throughout the past several years, new research continues to provide supportive evidence that a college degree not only increases the economic earning power of both individuals and our national economy, but it is also proven to contribute to improved health, homeownership, voting rates, community volunteerism and other social benefits.  While there is no doubt the cost of a college education has increased dramatically in the past two decades, Americans continue to display their growing value of a college degree by saving more of their hard-earned dollars for the future higher education expenses of their children.

  • It’s College Savings Month!

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    By Cassandra Sherrill
    Marketing Coordinator, Georgia’s Path2College 529 Plan
    September 2, 2014
    family image

    Time to kick-off your shoes, pop open a cool drink and enjoy the last days of that summer fun in the sun! That’s right – it is Labor Day! This landmark weekend not only marks back-to-school season but also the beginning of College Savings Month.

  • Tips for Surviving the First Year of College

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    By Ryan Betz
    Associate Director, Marketing & Communications
    Washington’s Guaranteed Education Tuition (GET) program
    Aug. 18, 2014

    students
    Right now, thousands of recent high school graduates across our state are gearing up to leave for college in just a few short weeks. The questions that come with leaving for college can be a bit unnerving so I thought I would share some advice and tips for surviving the first year and making the most of your time on campus.

  • Sleep Better When You Have a Plan

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    By Bonnie Carroll
    Marketing Director, Education Trust of Alaska
    August 11, 2014

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    What would you do if your newborn tried to make this deal with you? Would you be able to find the time and funds to open a college savings account? I’m pretty sure even the most cash poor, sleep deprived parent would manage to open a 529 account if it meant a good night’s sleep.  Many parents post pone saving because they feel they can’t find the time and they don’t have the funds.  But the truth is, it doesn’t take much of either to get started and infancy is the best time to begin.