CSPN News

  • Is a Prepaid Tuition Plan right for my family?

    Part I of a Two Part Series on 529 Prepaid Plans
    By Sheila Salehian
    Senior Deputy Treasurer for the State of Nevada
    November 7, 2013

    I often get asked this question when providing community outreach support. Like most Deputy Treasurers who serve the public by helping families save for college, that question is a difficult and somewhat tricky one to answer. Since most of us are not a certified professional financial planner, we can only share our experiences and the facts of what a prepaid tuition program offers. In addition to sharing facts from Bloomberg and other financial experts, which I’ll discuss in Part II of this posting, my typical response is to share my very real and personal story.

  • 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.”

  • 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.