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Financial Aid in the News

New Effort to Promote '529' Plans for College Savings (Inside Higher Ed)

"The Center for Social Development, a unit of Washington University in St. Louis, on Thursday announced a joint effort to study 529 plans, with a specific goal of making them more attractive to low-income families," Inside Higher Ed reports. "Saving money is not easy, but research shows many people can save when they have incentives and a way to do so. More low-income families may save with well-designed 529s and incentives,' said Margaret Clancy, Policy Director at CSD. 'We will study 529 innovations to see which ones are effective. This will inform 529 policy so that it can benefit families of all income levels.' "

You can read the complete May 22, 2009 Inside Higher Ed article on-line.

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