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Reply to "I don't trust VA 529 prepaid"
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[quote=Anonymous]I don't trust the VA 529 pre-paid plan either, but it is because I think there is a risk that it will become insolvent before my kids go to college. This has already happened in several other states, Illinois is the one that comes to my mind. If the state can't get the return on the money you give them that they expect, or if college costs rise faster than they expect the plan won't have enough money to cover the costs of college. At this point it is unclear what happens, maybe the state government will make up the difference, but in many states they are not obligated to do so.[/quote]
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