September is National College Savings Month, a great opportunity to raise awareness about the importance of saving for college and the benefits of 529 plans.
Saving for college is the solution to the student loan problem. It’s simple: every dollar you save for college today is a dollar less your child will have to borrow in the future.
But, over 70% of college students graduate with student loan debt, while only 18% of children have 529 plans.
Together, we can change that!
Help us spread the word about 529 plans by talking to your friends, relatives, colleagues and neighbors. We’ve created talking points and other helpful resources to get you started.
What you can do:
1. Download and share this poster about the benefits of saving for college
2. Subscribe to our College Savings Newsletter
3. Join the conversation about college savings in our forum
4. Participate in our Q&A webinar on Thursday, September 13, 2018
5. Tweet and post about 529 plans on social media platforms
Why save for college?
529 college savings plans are the antidote to student loan debt. Every dollar you save is a dollar less you’ll have to borrow.
Saving for college helps remove the burden of student loan debt.
Saving for college improves college access, college choice and college success. College savings increases flexibility in college choice because it enables your student to enroll in a more expensive college than you otherwise could afford.
Having a 529 plan increases the odds that a child will enroll in and graduate from college, because it creates a college-bound culture. It makes college a real possibility.
Money makes college possible. Parents make college possible. Grandparents make college possible.
529 plan conversation starters
Have you started planning for college costs?
Have you thought about leaving a legacy for your grandchildren?
Did you know that saving for college, even a small amount, increases the odds that your child will go to and graduate from college?
Did you know that the U.S. Department of Agriculture estimates that it costs more than $230,000 to raise a child through age 17? And that doesn’t even include the cost of college!
What do you think is the best way to save for college?
How are you saving for your children’s college education?
Have you heard about 529 plans?
Which 529 plan are you using for your children?
Post, tweet and share to spread the word!
“College savings reduces student loan debt. Every dollar you save in a 529 plan is about a dollar less you’ll have to borrow.”
“College savings increases flexibility in college choice. College savings empowers children by removing cost as a barrier to their dream school.”
“Saving for a child’s college education in a 529 plan significantly increases the likelihood that the child will enroll in and graduate from college, because it establishes an expectation that the child will go to college.”
“Saving for college makes college more affordable for more families.”
“Grandparents can leave a legacy for their grandchildren without triggering a taxable gift by contributing to a 529 college savings plan.”
“Download a free one-page handout about the benefits of saving for college.”
“Learn about saving for college with a free subscription to the College Savings Newsletter.”