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 2nd–highest 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.
