The rising cost of higher education is a stain on family budgets across the state, and the burden of student loans are forcing young people to delay their future.
Savingforcollege.com ranked Rhode Island’s CollegeBound Saver program, which is administered by Treasurer Seth Magaziner’s office, as one of the best 529 college savings plans in the US earlier this week. As Treasurer, Seth has turned the plan around with lower fees, a new investment lineup and a different manager. These steps have moved it from being rated one of the lowest in the nation to one of the best.
You can read more about this exciting new ranking on PBN.