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529 Plans: A Great Investment
A 529 plan is a savings plan designed to encourage saving for future higher education costs. 529 plans, also known as “qualified tuition plans,” are sponsored by states, state agencies, or educational institutions and grow tax free when used for higher education. When these federal and state tax benefits are taken into consideration, 529 plans are a fantastic way to save for college compared to alternative investments.
School Cost Trends
We’ve analyzed how thousands of universities and colleges have risen their tuition costs over the last decade. Use our school-specific reports to see how much higher education will cost your child in the future.