Parents Shift College Savings from 529 Plans to Bitcoin
- Some U.S. parents are investing in bitcoin for college savings.
- Bitcoin is believed to outperform traditional stocks.
- Disappointment with 529 plan returns is driving this shift.
Driven by the belief that bitcoin can yield higher returns, some U.S. families are reallocating part of their children’s college savings from traditional 529 plans to cryptocurrency investments.
Source (2.6)https://news.bitcoin.com/risk-and-reward-families-betting-on-bitcoin-to-fund-their-childrens-education/?rand=52384