Personal Finance
DES MOINES, Iowa - Parents remain determined to save money for college even in the tough economy, but they're not always choosing the methods that give them the best bang for their buck.
Putnam Investments said Friday it is offering a new 529 college savings plan that includes the choice of an absolute return mutual fund.
BOSTON - One of the nation's biggest providers of 529 college savings accounts is trying to entice investors seeking more conservative savings options, and a rival is cutting fees by nearly half on one of its biggest 529 plans.
BOSTON - Citigroup Inc. is exiting the private student loan business, as the government changes the playing field by making Uncle Sam the primary lender to students.
WASHINGTON - A Georgia congressman awarded his stepdaughter, a niece and an aide's future wife college scholarships through the Congressional Black Caucus Foundation, making him the second House Democrat known to use the group to steer money to relatives and associates.
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