It’s July and Fall college semesters start in a month or so.  And while parents are shopping for dorm necessities, they are also fretting about how they are going to pay tuition for the next four (or more) years.  One of my favorite quotes from a parent of a college student is that “paying tuition is like buying a luxury car every year and then immediately driving it off a cliff.”  That is how most parents feel.  The expense is daunting and there is no immediate ROI.

President Obama's aborted attempt to tax 529 plans may end up being a boon to the state-run college savings plans.

Widespread outrage at the proposal he floated in January - from both Democrats and Republicans - brought it down two weeks later. But all the nationwide media attention the college savings plans received gave them a much-needed boost in publicity.