529 Plans: The Antidote to College Sticker Shock

Financial Planning

What’s worse than the cost of college these days? The projected cost of college looking out four, 12, or 18 years ahead. It’s enough to make any young parent despair… or worse, cling to a misguided hope that one’s child is so special, he or she will certainly qualify for lots of scholarships. Don’t risk your kid’s future if  you can afford to start saving (even just a little) as early as possible. Click on the image above to expand the infographic and see a what college is expected to cost for today’s high school freshman, kindergartener and newborn based on calculations from the handy T. Rowe Price’s College Planning Investment tool.

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