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529 College Savings Plans

Parents on Track to Cover Only 16% of College Tuition

August 23, 2011 - As a result, they are increasingly resorting to additional revenue sources, such as having the child work part-time, assume student loans, live at home and commute or attend a public university.

New York 529 Selects J.P. Morgan as Investment Manager

July 6, 2011 - The contract for the $1.9 billion portfolio is for seven years.

Fidelity Study: 2011 Graduates Carrying An Average $40,000 of Debt

May 23, 2011 - Still, a majority of class of 2011 respondents, 66%, who are graduating with debt say the value of college is equal to or worth more than the debt accumulated.

529 Plan Assets Up 56% in Past Two Years

March 3, 2011 - This beats industry estimates by 30%, FRC says.

Fidelity Cardmembers Earn $300 Million Cash Back Since Inception

November 23, 2010 - Customers may apply this bonus money to investment accounts.

College Savings Plans Have Cut Fees, Morningstar Reports

November 19, 2010 - College savings funds have slashed fees this year, Morningstar reports, making them worth another look.

Average 529 Account Balance $9,700

October 27, 2010 - Parents don't start saving for a child's education until they are between seven and 10 years old, Morningstar finds.

CT Selects Hartford to Launch Advisor-Sold 529 Program

October 7, 2010 - CHET Advisor is the first adviser-sold 529 plan sponsored by the state. TIAA-CREF will continue to run the Connecticut Higher Education Trust, a direct-sold 529 college savings plan first launched in 1998.

Putnam Thinks Nationally With New 529 Plan

October 1, 2010 - Two weeks after announcing a new 529 college savings partnership with the state of Nevada, Putnam Investments said it plans to expand sales of the program nationally.

Fidelity Adds Bank Deposit Option to 529s

September 28, 2010 - Vanguard lowers fees on its Nevada 529.

Automatic IRAs a Good Start, But Need Improvement: Aite Group

August 30, 2010 - Government’s effort to boost retirement savings could overburden small employers.

Plan to Lock in Tuition Rates at 275 Colleges

August 16, 2010 - The Tuition Plan Consortium said Monday it re-launched Independent 529 Plan as Private College 529 Plan, to foster pre-purchasing of tuition fees as present rates. The consortium said its Private College 529 Plan will offer investors a way to lock in tuition rates at more than 275 private colleges and universities.

Americans Saving for Retirement, Not College

July 27, 2010 - Despite rising tuition fees, the uncertain state of the economy is causing more people to put their own retirement savings ahead of their children’s college education and future.

T. Rowe Price Lowers 529 Fees, Elbows Competition

June 30, 2010 - Education Trust of Alaska is the beneficiary of the latest move in ongoing price competition among 529 college savings plans. Between Nov. 1 and Dec. 1, plan managers lowered total 529 fees to 1.17% from 1.19% on adviser-sold plans and to 0.69% from 0.71% on direct-sold plans, according to FRC.

High School Seniors Worried About College Costs: Fidelity

May 26, 2010 - Survey finds 70% of seniors feel overwhelmed about high cost of attending college.