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College and University Discussion
Reply to "529 or Virginia Prepaid?"
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[quote=Anonymous]We are in MD. Don't know the rules for VA, but in MD even if you don't go to a state school you still get full MD tuition to use at a private college. We are generally on the conservative side for investing, we had a lump sum available from the sale of a house and we decided we really like the idea of having MD tuition prepaid, so we went with the prepaid plan, and then we also put some money into the regular 529 (cover housing, or private tuition, or grad school...). The basic comparison is whether you think the market will increase more over the next 15-20 than college tuition. For a while it seemed obvious the answer was tuition, now it might seem obvious the answer is the market. I don't think there's an obvious answer overall, so maybe using both isn't a bad idea.[/quote]
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