College is expensive, but the state of Illinois has savings plans to help students in Illinois save up for some of those stiff costs. Illinois State Treasurer Michael Frerichs says that opening a 529 Savings Account can really make a difference. 

Frerichs says that starting early is helpful but the earlier you save the more you can make in interest.

Frerichs is concerned over negative stereotypes about college and knows that a positive message benefits everyone.

Saving, Frerich says, can eliminate debt in the future, and that can help further someone’s career.

Treasurer Michael Frerichs appeared as a guest on the Newstalk WTIM Morning Show.