U.S. Markets open in 55 mins

CollegeBacker CEO on 529 savings plans

On May 29, CollegeBacker CEO Jordan Lee joined The Final Round to discuss education-saving plans in honor of National 529 College Savings Plan Day. This is as a recent CollegeBacker survey found that debt-plagued millennial parents are starting to save for their kids' college costs earlier than past generations. According to the survey of parents, millennials were 43% more likely than Baby Boomers to start saving for college before their children reached the age of 5 and 24% more likely than GenXers.