February 3, 2021
Illinois State Treasurer Michael Frerichs (pictured) said changes to Illinois’ two college savings plans have resulted in $100 million in savings for families who have Bright Start and Bright Directions. Photo courtesy of Michael W. Frerichs/Illinois State Treasurer
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ILLINOIS STATE TREASURER SAVES FAMILIES MONEY IN COLLEGE SAVINGS PLANS
Illinois State Treasurer’s Office has been able to save Illinois families $100 million in Bright Directions and Bright Start College Savings Plans since 2015. It also has been able to more than double the assets in accounts for students to go to college.