Expert shares advice on saving for college
College tuition is up to nearly $47,000 per year at private schools and nearly $21,000 at public schools. Those costs are often offset by financial aid, but student debt is also continuing to grow.
The 529 College Savings Plan can be a way to further alleviate the high cost of secondary education, but it's often underused by parents and students.
Gina Giese from M&T Bank joined us to explain the basics about 529 and how you can best utilize it.