Oregon Going with Schoolhouse for 529

May 9, 2003 (PLANSPONSOR.com) - The State of Oregon has selected Schoolhouse Capital to develop a 529 college savings platform.

The platform will include a 529 plan to be marketed nationally via financial intermediaries.

Schoolhouse, a division of State Street Corporation, expects to launch its first product on the Oregon 529 College Savings Network in the second quarter of this year. For more information about Schoolhouse Capital, go to http://www.schoolhousecapital.com/ .

The 529 plans have become a popular way for families to put aside money through investing to help pay for higher education costs.