529 Plan News
Following is a current digest of news items related to college savings:
06/28/2009
Smart ways to save for college (The News Journal)
If you are saving for college in a 529 plan, you probably took a bigger hit than you expected during the 2008 market crash.
07/02/2009
Color of Money Book Club (Washington Post)
Personal finance columnist Michelle Singletary hosted an online discussion with Edmond L. Andrews author of “Busted: Life Inside the Great Mortgage Meltdown” on Thursday, July 2 at Noon ET.
06/23/2009
NEWTON, Mass.—-Upromise Investments, the leading administrator of 529 college savings plans, announced today that since November 2003, families enrolled in New York’s 529 College Savings Program Direct Plan and Advisor Plan, and who are also members of Upromise®, have transferred more than $25 million in Upromise earnings into their 529 plan accounts.*
07/01/2009
RESTON, Va.—-Despite the challenging economy and rapidly rising national unemployment, Sallie Mae and its guaranty agency partners helped a record 1.4 million customers resolve their past-due account status and avoid default on $22.8 billion of federal student loans last year.
06/26/2009
College-Savings Plans Don’t Need to Blow Up: Jane Bryant Quinn (Bloomberg)
Diversify Your Investments Even If It Hurts: Jane Bryant Quinn Everything you thought you knew about diversification is wrong. So is everything you thought you knew about portfolio risk.
06/20/2009
Get Smarter With College Savings Plans (Washington Post)
If you are saving for college in a 529 plan, you probably took a bigger hit than you expected during the 2008 market crash. Featured Advertiser Three Ways to Minimize Your Risk of Identity Theft The best thing you can do to minimize your risk of identity theft is ensure that your personal information is secure. It is very often small acts of criminal mischief that result in years of hardship for …
06/25/2009
Saving for school, cent by cent (The Star-Ledger)
FRANK H. CONLON/THE STAR-LEDGERLisa Roll plays bocce with her children, Thomas, 7, and Faith, 5, at their home in Glen Gardner. Roll is cutting back on eating out and making fewer online purchases to help save for her kids’ college…
06/29/2009
THE ENTERPRISE ALL-SCHOLASTICS: Softball (The Brockton Enterprise)
Presenting The Enterprise All-Scholastic softball team for 2009.
06/24/2009
SIMSBURY, Conn.—-Hartford Life and the West Virginia State Treasurers Office announced the enrollment the 100,000th beneficiary in the college savings program yesterday at a ceremony at the University of Charleston.
06/24/2009
Improving Access to Higher Education by Promoting Savings (Business Wire via Yahoo! Finance)
WASHINGTON—-Following a Spring 2009 summit on saving for college, experts from financial services, state government, financial aid and higher education collaborated to produce a new white paper titled, “Improving Access to Higher Education by Promoting Savings: private and public sectors share responsibility for promoting financial literacy and providing solutions to increase savings …