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Rekenthaler Report

529 Plans Struggle With Costs

The price isn't yet right.

Raising Questions
Ron Estes isn't happy with Morningstar.

Ron Estes being the Kansas State Treasurer, and in charge of the state's 529 program. Kansas offers three 529 plans, and one of them received a Negative Morningstar Analyst Rating. In response, Estes has posted a letter on Kansas' website, contending that Morningstar's approach to rating 529 plans contains "blatant inconsistencies" that "misguide the investing public, damage the reputation of 529 higher education savings plans, and discredit their [sic] own reputation."

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