The cost of college can be overwhelming, but if you are a parent or guardian wanting to help your student there is an option for you.

May 29 is officially deemed "National 529 College Savings Day."

Ahead of the "celebration," News 12 spoke with financial planner Maggie Johndrow on how to save for school, and how inflation is already having an effect on higher education. RELATED: Getting ready to apply to college this year? This is what you need to know about student loans.