CSPN News

  • 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.”

  • September is College Savings Month

    By Hon. Michael L. Fitzgerald
    State Treasurer,State of Iowa
    August 29, 2013

    College planning may be the last thing on the minds of families already busy juggling the demands of work and home. However, with the cost of higher education rising faster than inflation, nearly every family will face the question of how to pay for it when the time comes. The answer is quite simple – start saving today. By starting early, saving regularly and making smart investment choices, families can make their savings work for them.

  • CSPN 529 Plan Investor Survey

    • The College Savings Plans Network—the national non-profit association and the leading, objective source of information about Section 529 College Savings Plans and Prepaid Tuition Plans—is collecting information from 529 investors in each state to learn more about the habits of people who are saving for college. This will help us better understand investors’ patterns. No individual’s specific data will be shared – we are only looking for overall numbers and trends. Please take a moment to fill out this brief survey here

  • Summer Reading: An Important Investment For College

    By Michael Parker
    Executive Director, Oregon 529 College Savings Network
    August 1, 2013

    When the school year ends and summer arrives, it’s human nature to think about “shutting it down” a little and relax over the break. As parents, the constant hum of activity makes way for those lazier days. But those lazy days could result in complacency, especially as it relates to education and reading.

  • This Fourth of July, Focus on the Freedom to Save

    By Jodi Golden
    Director of the Indiana Education Savings Authority
    July 3, 2013

    Getting ready for a patriotic BBQ? Ribs, chicken, burgers … formula, strained carrots, rice cereal? …It seems that no matter what the occasion, your new bundle of joy comes with a wide range of expenses. However, although diapers and food are obviously necessary, saving for college should also be high on the priority list. With college sometimes 18 years or more away, families may not realize the impact saving early could have. However, if they take a look at the reality of saving, even just a little per month, versus borrowing that amount in the future, it’s sure to open their eyes to the importance of saving now.

  • Student Loan Interest Rate’s Looming Rise and the Growing Need to Save for College

    By Hon. Michael L. Fitzgerald
    State Treasurer, State of Iowa
    June 27, 2013

    Recent Congressional action seems to indicate that the Senate will be unable to reach a compromise that will keep student loan interest rates from doubling before the July 1 deadline. “If I were a betting person, I’d say that’s something we’ll come back and attempt to fix retroactively,” Sen. John Thune, R-S.D., told ABC News.

  • 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.