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High Scores for 529 College Savings Program

Looking for a tax-advantaged college savings plan that has no age restrictions and no income phase out limits – and one you can use to pay for more than just tuition?
 
sims 600Consider the 529 college savings plan, an increasingly popular way to save for higher-education expenses, which have more than tripled over the past two decades — with annual costs (for tuition and fees, and room and board) of more than $40,000 per year for the average private four-year college. Named after the section of the tax code that authorized them, 529 plans (also known as qualified tuition plans) are now offered in almost every state.
 
Most people have heard about the original form of 529, the state-operated prepaid tuition plan, which allows you to purchase units of future tuition at today’s rates, with the plan assuming the responsibility of investing the funds to keep pace with inflation. Many state governments guarantee that the cost of an equal number of units of education in the sponsoring state will be covered, regardless of investment performance or the rate of tuition increase. Of course, each state plan has a different mix of rules and restrictions. Prepaid tuition programs typically will pay future college tuition at any of the sponsoring state's eligible colleges and universities (and some will pay an equal amount to private and out-of-state institutions).

Kam’s Kapsules: OPENING THIS WEEK

KamsKaps 600BIG BUDGET FILMS    
 
“22 Jump Street” (R for sexuality, violence, drug use, brief nudity and pervasive profanity) Jonah Hill and Channing Tatum reprise their roles as ill-matched LAPD partners, this time going undercover as college students to crack a narcotics ring operating on campus. With Ice Cube, Amber Stevens and Nick Offerman. 
 
“How to Train Your Dragon 2” (PG for action and mildly rude humor) Animated adventure, set five years after the original, pits Hiccup (Jay Baruchel) and his faithful pet, Toothless, against a diabolical, cave-dwelling villain (Djimon Hounsou) bent on world domination. Voice cast includes Cate Blanchett, Jonah Hill, Kristen Wiig, America Ferrara, Gerard Butler and Craig Ferguson.  
 

Bowe Bergdahl: Guilt by association with Obama

boweandobama 600The Republican furor over the release of American POW Bowe Bergdahl just doesn’t make any sense – that is, unless you think of Sgt. Bergdahl as a stand-in for President Obama.
 
The Army soldier has not even set foot on U.S. soil after being held captive by the Taliban for nearly five years in Afghanistan.  And yet, Bergdahl, 28, has been tried and convicted in the media, accused of being a deserter, a terrorist sympathizer, and anything and everything but a child of God. Obama struck a deal securing the soldier’s release in exchange for America’s release of five Taliban prisoners.  The President ignored the law requiring him to inform Congress of the transfer of the Taliban prisoners 30 days in advance, and he is not apologizing.

Students: Postsecondary education of the future should focus on employability and career growth

BALTIMORE (PRNewswire) – Students believe postsecondary education must focus in the future on graduates’ employability and career growth, according to what is described as the largest global survey of studentsurvey 600university students’ attitudes ever conducted.
 
Laureate Education, Inc., commissioned Zogby Analytics, an international opinion research firm, to survey students at 37 Laureate network institutions in 21 countries. More than 20,800 students responded to the survey, the basis for declaring it the largest international survey ever of student attitudes.
 
“Gone are the days of an individual staying with the same company for his or her entire career; the future belongs to innovators and those who can succeed in an ever-evolving marketplace,” said Douglas L. Becker, chairman and chief executive officer of Laureate Education, Inc.  

The color of change: The Army’s 1st black, female 2-star eneral on diversifying the Army

Color0fChange 600Maj. Gen. Marcia Anderson knows a thing or two about leadership and diversity in the Army, and so she should, as the most senior-ranking black woman in the military, a badge she has worn since 2011, when she became the first black, female two-star general.
 
Being in the position that she is in, and knowing what she knows, Anderson is determined to see the military become more reflective of American society – rich, diverse and inclusive in a healthy way – starting with bumping up the representation of women, who account for only about 15 percent of the whole Army.