The awareness level of college savings tools is not keeping pace with the cost of education, according to a survey by Edward Jones.
The May poll of 1,000 adults found that 70 percent of Americans do not know that 529 plans are a college savings tool, up from 63 percent in 2012.
That means that just 30 percent of Americans can identify a 529 plan as a college savings tool from among four potential options compare to 37 percent two years ago.
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