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The Center for Excellence in Higher Education (CEHE) is a Utah-based nonprofit, 501(c)(3) corporation that owned and managed Independence University, CollegeAmerica, Stevens-Henager College, and California College San Diego before their abrupt closings in August 2021. [2] The company was a nonprofit organization. [3]
CollegeAmerica was a private for-profit college with its main campus in Denver, Colorado. The college was one of four educational institutions affiliated with the Salt Lake City-based Center for Excellence in Higher Education (CEHE). [ 1 ]
Virginia529 (VA 529) or Virginia529 College Savings Plan is the independent state agency responsible for Section 529 qualified tuition programs offered by the Commonwealth of Virginia. [1] Since 2018, Morningstar has named Virginia's Invest529 plan among the top 529 college savings plans in its annual analysis.
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.
A 529 plan comes in two major types: (1) a college savings plan, which allows you to invest money in potentially high-return assets such as stocks, and (2) a prepaid tuition plan, which allows you ...
Image source: Getty Images. The first big thing to understand is what 529 distributions can be used for. While tuition is the main one, college has many other associated costs that can rack up a bill.
On July 29, 2021, officials representing the Center for Excellence in Higher Education (CEHE) —owners of California College San Diego, CollegeAmerica Phoenix, Independence University, and Stevens-Henager College—informed the U.S. Department of Education (ED) that the institutions would close on Aug. 1, 2021. [13]
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