Kicking off College Savings Month, Missouri State Treasurer Scott Fitzpatrick announced a partnership with the Department of Higher Education & Workforce Development to encourage saving for education. MDHEWD will join the treasurer in sharing opportunities to learn about paying for higher education and the benefits of a MOST 529 plan.
“Data demonstrates that having an education savings account makes it more likely a child will attend a higher education institution. Data also shows that education influences socioeconomic mobility,” Fitzpatrick said. “Regardless of what higher education looks like for you — college, trade school, an apprenticeship — being financially prepared is necessary to avoid burdensome debt down the road.”