Closing the affordability gap: maximizing the benefits of 529 college savings plan accounts

Alaska 529 has partnered with our program manager, T. Rowe Price, for valuable perspectives on understanding student loans. Certified Financial Planner Roger Young shares his insights in an article called Closing the affordability gap: Maximizing the benefits of 529 college savings plan accounts. Check it out to understand why he recommends that parents aim to save enough to cover 50% of the published costs.

A few key takeaways from the article:

• Saving for college can be a big financial challenge for many families. Inflation has taken a toll on many household budgets, and finding money to set aside to save for higher education has understandably become increasingly challenging.
• 529 plans are a powerful tool that parents can utilize to bridge the affordability gap and help secure their children’s educational future.

Alaska 529 is here to support you on your education savings journey, with a commitment to the high level of service you deserve. For more information on the benefits of saving with Alaska 529, visit our Why Alaska 529 page. Not sure how much to save? Use our College Financing Planner to estimate your future college expenses and create a plan to meet your savings goals.