Have you thought about how you are going to save to pay for your child's college education? College tuition is going up every year. It is imperative to have a plan for paying college expenses. The most common way parents pay for their child's education is a 529. What is a 529? What do you need to know about a 529? Some options can be just as effective as a 529. Today Ryan and Amy Chao, one of the founders of College Backers talk about using a 529 and how College Backers can be another valuable tool.