Treasurer McRae’s Statement on Dobbs Decision

Brittany CominsNewsroom

State Treasurer David McRae today released the following statement after the Supreme Court ruled on Dobbs v. Jackson Women’s Health Organization and overturned both the Roe and Casey decisions: “Our constitution states clearly that all people, no matter how small, are created equal. It celebrates the fact that in America we are guaranteed a right to life, liberty and the … Read More

McRae: Financial Stability for Those with Disabilities

Brittany CominsNewsroom

The job market has largely recovered from high, COVID-era unemployment, albeit not for everyone. Americans without disabilities have been able to return to the workforce en masse, allowing the national unemployment rate to fall to 3.1 percent, according to the Bureau of Labor Statistics’ April survey. But those with disabilities have faced a more difficult road. Today, the unemployment rate … Read More

Let’s Play Ball!

Brittany CominsNewsroom

Scoring a college degree is a home run for your future! That’s why my College Savings Mississippi team and I are handing out $4,500 worth of scholarships at Trustmark Park this weekend (May 26-27). Please visit our College Savings tent on the concourse before each championship baseball game and you could score as much as $500 in scholarship money! If … Read More

McRae: Don’t Go Broke Because They Went Woke

Brittany CominsNewsroom

I have done a lot of traveling across Mississippi in the last few weeks, and I am always surprised when at nearly every stop someone asks: What are you going to do about ESG? ESG is the wonky of all wonky issues, but it intimately affects almost every Mississippian. Short for “Environmental, Social, and Governance,” the policy forces financial institutions … Read More

College Savings Deadline Approaching

Brittany CominsNewsroom

Dear Friends, Last week, seven of Mississippi’s eight public colleges announced tuition increases, with the only exception being Jackson State University. These annual tuition hikes seem to be more and more of the norm. And without question, the rising prices have left many students deeper and deeper in debt. In fact, the average Mississippi graduates with $30,000 worth of student … Read More

Treasurer McRae Announces 2022 Art Contest Winners

Brittany CominsNewsroom

David McRae today announced the 2022 College Savings Mississippi Art Contest winners with a reception at the Mississippi Museum of Art. Twelve students and one teacher took home a combined $3,500 worth of scholarships during the event. “In these students’ artwork, we saw the beauty of their creativity, but also a snapshot of their dreams,” said McRae. “I am excited … Read More

McRae: Lock in today’s tuition rates

Brittany CominsNewsroom

College costs have increased 160 percent since 1980. Today, between tuition, room and board, books, and other expenses, a college education typically costs families around $27,000 annually for a public, in-state university and $55,000 annually for a private education, according to a 2021 College Board report. As a result, most rely on hefty loans that take years – if not … Read More

McRae: Legislative Session Marked by Responsible Governance

Brittany CominsNewsroom

At a time when federal policymakers, namely the Biden administration, seem to be making every wrong decision when it comes to the economy and families, Mississippi leaders are taking historic steps to put our state back on track. I want to applaud the legislature and Governor Tate Reeves in their work this legislative session. More specifically, state leaders deserve a … Read More

McRae Applauds Legislature for Allowing a Parent’s Unclaimed Money to Directly Satisfy Child Support Debts

Brittany CominsNewsroom

Treasurer David McRae today applauded the Mississippi Legislature for allowing the State Treasury to use a parent’s unclaimed money to satisfy child support debts. The Treasurer also announced he has instructed his team to prioritize these returns to ensure children receive the money as quickly as possible. “When a parent fails to pay their child support, young people lose out … Read More

Treasurer McRae: In Major Reversal, MPACT Legacy Plan Rebounds to Near Full Funding

Brittany CominsNewsroom

State Treasurer David McRae today announced the Mississippi Prepaid Affordable College Tuition (MPACT) Legacy Plan has rebounded to near full funding, a major reversal from prior expectations. When Treasurer McRae entered office in 2019, the Legacy Plan had a 72 percent funding ratio, leaving taxpayers on the hook for more than $125 million. Today, the plan is funded at 91 … Read More