Prepaid tuition plans are a slightly different take on 529s: rather than investing for growth that might outpace tuition inflation, these plans aim to match tuition increases. While there used to be many prepaid tuition plans, currently there are only a handful, with the Private College 529 being one of the leaders. Jonathan Sparling, Director of Strategic Partnerships for the Private College 529, joined me to discuss the ins and outs of prepaid tuition plans and how they might fit into a family's overall college planning strategy.
