Kate Marshall for Congress

Making Higher Education Affordable and Accessible

She understands that when it's easier and costs less to save money for college, more parents will start saving.  Marshall has been leading the way offering many different savings methods so every family can choose what is right for them.

During Kate's tenure as Treasurer, the Prepaid Tuition program remains 109% funded, and enrollment numbers have more than doubled since 2007 resulting in a 150% increase in the number of contracts purchased by rural residents.  That means more families are paying today's college tuition rates and thus saving thousands of dollars many years before their children even start college.

Marshall created the Ugift program which enables family members and friends to contribute the gift of college savings.  She also created the Silver State Matching Grant program, to enhance college savings opportunities for lower and middle income families, and oversaw the creation of 100,000 new Nevada College Savings Plan accounts since 2006.

As Treasurer, Kate ensured the Governor Guinn Millennium Scholarship program was available to 2010 high school graduates.  She also successfully renegotiated a contract with Upromise, the state's college savings plan program manager, reducing fees for account holders and increasing revenue for the state.  Kate even eliminated annual fees for Nevada residents so that more of their money can go into savings for college.

Kate successfully negotiated another financially beneficial contract for Nevada residents, this time with Putnam Investments.  Putnam is one of the largest advisor-sold college savings investment firms in the nation and serves as the state’s advisor-sold program manager.  She also worked with Vanguard 529 College Savings Plan to obtain a 50% cut in program fees for account holders, and thanks to Kate, Nevada now has some of the most affordable college savings plans in the country.