SAN ANGELO, Texas (Concho Valley Homepage) — Student loan debt in the United States was nearly $1.8 million last year and financial advisors say now is a good time to start saving.

Experts say a "529 savings plan" is an option that allows you to save money tax-free for college or trade schools.

"So, the smart way for families in San Angelo to save for college or trade school is to start a 529 plan," said Trey Holmes from BKM Financial Advisor." "It allows money to grow tax-free; you can put up to 19,000 dollars a year."

Even if the persons children are in high school already or in college, financial experts say it's still worth starting a 529 plan.

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