Category Archives: Saving for College

Making College More Affordable, One Text At A Time

From NPR News

What’s the tiniest change you can think of to create the biggest improvement in someone’s well-being?

That’s the question at the heart of the first annual report by the new Social and Behavioral Sciences Team inside the White House.

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Making Sure College Is Worth The Cost

From NPR News

The US News & World Report Best Colleges rankings, the leaderboard of competitive college admissions, are out this week. And all this week on All Things Consideredwe’ve been talking with students who graduated from high school in Montgomery County, Md., four or five years ago.

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Americans have a record $248 billion in 529 college savings accounts

college costs

They amount of money in the savings plans grew to a record $248 billion in 2014, about 9% more than the previous year.

People are starting to save for their children earlier than ever. About 31% of the savings plans are opened by parents when their child is barely a year old, or before, according to the College Savings Plans Network.

That’s smart, given the skyrocketing cost of college tuition and fees in recent years.

“You really should be starting to save for college as soon as your child is born,” said Betty Lochner, chair of the College Savings Plans Network.

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