If the word "college" evokes leafy walkways and eager 18-year-olds, think again. Today's students are older, part time and, often, not graduating.» Read More
Investments by academic institutions did well in 2014, boosting long-term performance records hit during the financial crisis.
President Obama has dropped his controversial proposal to tax 529 plans, but as CNBC's Sharon Epperson reports, the ability to withdraw tax-fee funds for higher education isn't the only reason these plans are an attractive vehicle for millions of families to save for college.
College 529 accounts aren't just for the super-rich, and the average amount saved will barely cover a year's tuition.