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While the 529 plan was developed to allow families to save for college, its mandate has since been expanded to include K-12 tuition at private schools, as part of the changes from the 2017 Tax ...
529 plans can be used for many college-associated expenses other than tuition.
A 529 college savings plan allows you to name and save for a future student or beneficiary, such as a child or yourself. You contribute and choose investments from a menu similar to a retirement ...
For example, a 529 plan in which $2,000 is deposited each year for 18 years would accumulate over $4,000 in fees with a 1.1% expense ratio but only $1,400 in fees with a 0.4% expense ratio – a savings of $2,600. Generally, direct-sold 529 plans have lower fees than advisor-sold 529 plans. [27]
A college cost calculator, in the United States, is an online tool allowing students and their parents to calculate how much college is likely to cost. [1] [2] Numbers are input into the online calculator, and if done properly, it gives an estimate of the likely expenses for that student attending that particular college.
In 2025, Babson ranked #2 on The Wall Street Journal's best colleges. [19] It is the #1 business school on Forbes' list of colleges with the highest earning graduates. [20] Because Babson only offers programs in business administration, many publications do not include the college in their overall rankings. [21]
A 529 plan is a college savings plan that provides tax advantages when used for qualifying purposes. A 529 plan is something like a Roth IRA or 401(k) plan designed for educational savings.
Antioch College (only students who qualify for the Pell Grant have the full need met) [14] Babson College (need-blind for Canadian students as well) [15] Barnard College (need-aware for transfer students) [16] Berea College (tuition-free for all students; need-based aid, family EFC, and work-study will cover other costs) [17] Boston College [18]