The 529 College Savings Plan Needs an Update

Source: finance.yahoo.c Posted By: Renee H...4065 days ago

In this economy, a college education is more important than ever: The unemployment rate for college graduates is 3.8 percent, compared to 7.8 percent for everyone else. Yet, the exploding costs of education are causing some students to graduate with heavy debt burdens.

The federal government has a multi-pronged agenda for dealing with this crisis, including loans and grants. To bolster this agenda, policymakers should direct their attention towards another pillar of education policy: increasing....

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