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Blog — May 2013
Finds Private College 529 Plan’s First Annual Teen College Savings Barometer
Over Half of Teens Reported Making Personal Contributions to College Savings Fund
I was delighted to visit with the President of Juniata College, Dr. Tom Kepple, on campus last week. Tom will retire after 15 years as President at the end of this month.
Check out the College Savings Plans Network 529 Blog and the coverage of the 2013 CSPN Annual Conference in Pittsburgh for the Annual National Association of State Treasurers Management Symposium where 529 representatives gathered to fined innovative ways to make 529s and savings for college available to families. Private College 529 Plan participated at the symposium to build awareness of the Plan and the 273 participating private colleges and universities.
One of the most telling observations in the Wall Sreet Journal article "Colleges Cut Prices by Providing More Financial Aid" on May 6, 2013 on rising college tuition trends referred to institutions reaching "a tipping point on price." Presumably, this critical benchmark suggests that at an average tuition discount of 45%, there are a number of institutions whose finances may soon no longer be sustainable.The uncertainty relates both to an