When you read and write about college admissions every day, you end up reading a lot about money. But in the past week, money has been especially hot in the news, so I thought I'd share a few items that have come across my screen in the past week.
You should know what a 529 plan is. A 529 is a special type of savings or investment account that is used to save money for college. It's called a 529 because it's covered in section 529 of the IRS code. They're offered by all 50 states, plus there are some private ones.