The team at your State Treasury is focused on financial wellness, not just for the state’s finances, but for yours as well. As Financial Literacy Month draws to a close, it’s a good time to take a financial wellness inventory of your own journey. Whether you’re in your golden years or just starting to find financial independence, there are a … Read More
A $1.2 Billion Bailout Isn’t the Answer
This February, President Biden announced he will be forcing taxpayers to foot the bill for another $1.2 billion in student loan cancelations. This is wrong. Mississippians who have paid off their debt or chose not to attend college shouldn’t be responsible for paying other people’s collegiate bills. It’s as simple as that. Of course, there’s no denying that student debt … Read More
College AND Career Savings
One of the roles I have as your State Treasurer is to run the state’s 529 education savings program, which allows individuals and families to fund educational expenses for future learning opportunities. If you’ve been tracking us closely, you may have noticed our recent name change from College Savings Mississippi to Mississippi College and Career Savings. This change was made … Read More
College Savings Program Relaunches as MS College and Career Savings
JACKSON, Miss. – State Treasurer David McRae announced today the state’s 529 program has rebranded to become Mississippi College and Career Savings. The name change better reflects the true capacity of the program, which can be used for traditional four-year colleges, as well as vocational programs, apprenticeships, and other career training. “For years, Mississippi’s college savings program has helped put … Read More
Gifts That Keep on Giving
The holiday gift-giving season has arrived! As parents skim through their children’s wish list, I’m well aware that a college savings plan through College Savings Mississippi will be scribbled on very few. Nonetheless, if you’re a parent, grandparent, family friend, or acquaintance, I want to invite you to consider adding it to your shopping list. In just a few months’ … Read More
Honoring Our Veterans
Putting your life on the line in service to your country is one of the most selfless acts a person can make – and here in Mississippi, we have more than 100,000 veterans who made that choice for you and for me. There is not a day that goes by where we should not be grateful for the sacrifices made … Read More
$1,000 Veterans Day Scholarship Giveaway
JACKSON, Miss. – Treasurer David McRae and College Savings Mississippi today announced a $1,000 Veterans Day Scholarship giveaway. The scholarship will be delivered in the form of a MACS account. To nominate a deserving family, please visit treasury.ms.gov/Veterans. “When our men and women in uniform sign up to serve, their families serve right beside them,” said Treasurer David McRae. “This scholarship is … Read More
MPACT Enrollment Now Open!
As teachers begin to welcome kids back to school, College Savings Mississippi is ready to welcome families back to MPACT! As of September 1, MPACT enrollment is open for the 2023-24 school year! What is MPACT? To put it simply: MPACT allows families to lock in today’s tuition rates and prepay their child’s college years! Yes, you read that correctly. You can sign … Read More
Avoid Student Loans
$1.8 trillion – that’s how much student loan debt is held by Americans today. It’s an amount that has tripled in the last decade and a half alone – and to be frank, I don’t think we’ve seen the peak of this growth. This incredible amount of debt has become a major point of political tension in recent years, especially … Read More
Back to School and Back to Saving!
The countdown to a new school year has officially begun! In no time at all, days at the pool will be replaced by days in the classroom. And with that change of scenery will come new routines and new responsibilities. Naturally, many of these new obligations will revolve around academic success. New study schedules. New sleep schedules. New meal schedules. … Read More