Business Rundown: Hacks to Avoid College Debt | 30 Years of 529 Accounts

As the cost of higher education continues to rise, there are options to save for that expense for every student. One helpful tool can be a 529 plan, which turned 30 years old this week. Patricia Roberts, Chief Operating Officer of Gift of College and author of Route 529: A Parent’s Guide to Saving for College and Career Training, is best known as the “Route 529 Mom.” She joins Fox Business‘s Lydia Hu to break down everything families need to know about preparing for future education costs, common misconceptions about 529 accounts, and alternative uses for the funds.