529 plan: Great tool for your kid's education

Source: USA Today Posted By: Jason B...4211 days ago

There's little that you can be sure of in this crazy economic environment, but one thing that seems certain is that most kids need a college degree to get ahead – and that their college degree is going to cost a pretty penny to obtain.

According to the National Center for Education Statistics, the average cost of tuition, room and board for the 2010-11 academic year hit about $13,600 at the average public college and over $32,000 at the average private institution. Even adjusted for inflation,....

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