TIDBITS - College Savings

* The Office of the Treasurer of the State of Illinois recently put out a request for proposals for a new college savings plan to augment the current offerings. The new plan is expected to be advisor-sold only. I’m not sure what the benefit is of having a program limited only to those investors who wish to pay commissions on their investments – we’ll keep an eye on this and let you know of any new developments.

* A consortium of 529 plan administrators, College Savings Plan Network (CSPN), has proposed disclosure rules for 529 plans, similar to those available from mutual fund companies. I believe this has been a long time in coming, and welcome this open-book mentality.

* New at http://www.2save4college.com/ –One new item in the “Resources” section, is a link to StudentsReview.com, where actual current and former students rate (without censorship) their schools. Interesting information for those shopping for college!
I always welcome your feedback for new information that you’d like to see on either of my web sites. Use the “Contact Us” page on any web site to provide feedback.