Planning for college can be hard in many aspects. One of those is definitely figuring out how to pay for you or your kids education. Kansas State Treasurer, Steven Johnson, hopes he can help. To help combat rising costs, Kansans have the opportunity to enroll in the Learning Quest 529 Education Savings Program. The Kansas State Treasurer’s Office has partnered with American Century Investment Management, Inc. to offer one of the most effective ways to make higher education a reality. The Learning Quest 529 Education Savings Program has features and benefits designed to support students in launching a meaningful career and to potentially help reduce the need for student loans. Enrollment is easy. Just go to the Kansas Treasurer Website…’kansascash.k-s.gov’ and follow the links.
Over the past 30 years, tuition costs at public four-year colleges grew from $4,100 to nearly $11,000 and from $19,000 to $38,000 at private nonprofit institutions. As costs have risen, so has the need for student loans and other forms of financial aid. Today, more than half of students leave school with debt and the average loan balance for college students in Kansas is over $31,000.
