Investing In A 529 Plan: Still A Smart Move?

The cost of a four-year private college education has passed the $150,000 mark — which is “enough to cause even the most affluent parent to want to sit down and cry,” according to Kalman Chany, author of the 2009 edition of the Princeton Review’s “Paying For College Without Going Broke.” And in 2009, the average one year tuition cost (including room and board, books, and other fees) will be $35,958 — up 5.5 percent from the previous year.

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