Oregon Treasurer Ted Wheeler and the Oregon 529 College Savings Board
partly to discuss what to do about the
Oregon College Savings Plan
's
.
As It's Only Money
the portfolio has a
since its inception in March 2010, largely because of fees the board and the plan's manager,
, imposes to manage the fund and the plan. It holds $16 million of the plan's $635 million in assets.
A number of major brokerages, including Schwab and MFS,
management fees on their low-yielding money-market funds so investors don't lose money in these ultra-conservative options. MFS manages Oregon's adviser-sold college savings plan, the
. Investors in the "direct-sold_ TIAA-CREF-managed plan can open accounts by phone, mail or online, without paying an adviser for help.
What do you think the board should do about the fund? Read
and It's Only Money's
about possible solutions. Then, weigh in below before Thursday's meeting. You can pick more than one answer. Explain your vote in the comments. (Originally posted 5/10 at 10:30 a.m.)