The 529 Movement

We’re Starting a Movement

To increase access to higher education and help alleviate the burden of student loan debt on our society.

The problem is clear: student loan debt in America is reaching levels that the U.S. Department of Education deems a crisis. To help keep that from preventing our kids from going to college, we’re promoting 529 college savings plans as a way for families to save and reduce their reliance on loans.

Here’s what we’re up against:

The average student loan payment is $393 per month.*

Student loan debt is the 2ndhighest debt category, behind only mortgage debt.*

Americans collectively owe $1.5 trillion on student loans.*

And here’s why we’re confident about 529 college savings plans:

Children who know that they have college savings accounts are 6x more likely to attend college.*

529 savings can be combined with student aid and scholarships to help pay for the full cost of college.*

You can open a 529 plan with as little as $10 or less, depending on the plan.*

These are just a few of the many advantages to 529 college savings plans. Read on about 529 plan features on the College Savings Plans Network site.

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The People Involved

These members of the College Savings Plans Network helped this movement come alive. Members are listed in no particular order.

John Hancock Investments

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CollegeBound 529

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Virginia529

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College Savings Mississippi

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Union Bank & Trust

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Michigan Education Savings Program

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Michigan Education Trust

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Vanguard

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NC 529 Plan

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Private College 529 Plan

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UA College Savings Plan

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Gift of College, Inc.

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Nuveen, a TIAA Company – MI 529 Advisor Plan

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my529

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Florida Prepaid College Savings Plans

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College Savings Iowa

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VSAC / VHEIP – Vermont’s 529 College Savings Plan

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NEST 529 College Savings

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West Virginia State Treasurer’s Office and Hartford Funds

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Achieve Montana

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First National Bank of Omaha

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Maryland 529

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College Savings Bank, a Division of NexBank SSB

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NY’s 529 College Savings Program

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Ascensus

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CollegeChoice 529

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T. Rowe Price

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WA529 – Washington College Savings Plans

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Oregon College Savings Plan

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Texas College Savings Plan | Texas Tuition Promise Fund

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NextGen 529

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Great Disclosure LLC

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Bright Start

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MEFA U.Fund College Investing Plan

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Morgan Stanley

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Pennsylvania 529 College and Career Savings Program

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Arizona Commission for Postsecondary Education

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Alabama CollegeCounts 529

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IDeal – Idaho College Savings program

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TNStars College Savings 529 Program

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Arkansas 529 College Investing Plan

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ScholarShare 529

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