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Started By
Message
re: So Louisiana's 529 Savings site has been down all week
Posted on 10/8/25 at 9:51 am to KamaCausey_LSU
Posted on 10/8/25 at 9:51 am to KamaCausey_LSU
quote:
please contact START@laregents.edu
Has anyone tried this address and received a response?
ETA: Missed this part:
quote:
An email to the listed email address, START@laregents.edu, in the press release gives an automatic reply.
This post was edited on 10/8/25 at 9:54 am
Posted on 10/8/25 at 9:53 am to Y.A. Tittle
Has to be ransomeware attack and they have LA nuts in a vice. I agree with other posters, they are probably deciding on whether or not to pay the ransome.
Posted on 10/8/25 at 9:55 am to poule deau
Have not, I called my state rep this morning, waiting for call back.
Posted on 10/8/25 at 10:00 am to demtigers73
quote:
I called my state rep this morning
This was my next move but I have low expectations concerning a response.
If they cant even notify account holders with an email for something like this, I doubt a rep is going to provide any meaningful information.
Posted on 10/8/25 at 10:03 am to poule deau
As best I can tell, this thread is the most useful source of information on this incident.
Posted on 10/8/25 at 10:07 am to poule deau
My expectations are low also, but if he provides anything it will be more than I have right now.
Posted on 10/8/25 at 10:08 am to Y.A. Tittle
quote:
this thread is the most useful source of information on this incident.
I never underestimate the power of TD, but damn, that statement is frustrating.
Anyone have an estimate on the total holdings of the START program?
Up until this incident, this was one of the few things I actually felt good about concerning La state government.
Posted on 10/8/25 at 10:09 am to Y.A. Tittle
Posted on 10/8/25 at 10:10 am to poule deau
Someone on Facebook said around $1.5 billion in investments across the K12 and college 529 accounts, no idea how accurate that is.
Posted on 10/8/25 at 10:11 am to poule deau
quote:
Up until this incident, this was one of the few things I actually felt good about concerning La state government.
100%
Not anymore though. Assuming we all still have our funds, I'm moving it elsewhere as soon as possible.
Posted on 10/8/25 at 10:18 am to soccer dad
quote:
$1.5 billion in investments
Wow, if correct.
That seems high to me but I really have no idea.
I know what I've got in it and thats it.
It was amazing to me how many people with high school aged children had no idea this even existed.
Posted on 10/8/25 at 10:21 am to Ziggy
quote:
I'm moving it elsewhere as soon as possible
Sadly, I think you're right.
I just dont know that anywhere else is completely safe from this crap.
Posted on 10/8/25 at 10:21 am to poule deau
Yeah same. You can actually start a K12 account on your kid when they’re born to pay for private elementary and HS tuition. If they end up going to public school or have funds left in the K12 Save plan upon graduation it rolls over into a College Save plan, or dumps the money into their College plan if they already have one.
Posted on 10/8/25 at 10:25 am to poule deau
quote:
Someone on Facebook said around $1.5 billion in investments across the K12 and college 529 accounts, no idea how accurate that is.
The LOSFA website says $950mm as of 2019; so $1.5 billion seems accurate.
Posted on 10/8/25 at 10:32 am to poule deau
83,000 accounts average around 15k gets to 1.5 billion
Posted on 10/8/25 at 10:45 am to LSUFootballLover
quote:
83,000 accounts average around 15k gets to 1.5 billion
Yeah, I guess the math checks out.
Just never thought about it in terms of total holdings until now.
Posted on 10/8/25 at 2:35 pm to poule deau
Posted on 10/8/25 at 2:39 pm to NfamousPanda
From the article:
“Security guards in the lobby told WAFB they stopped seeing workers at the LOSFA offices last week, and no one was available to come down and talk to us.”
You can’t make this shite up.
“Security guards in the lobby told WAFB they stopped seeing workers at the LOSFA offices last week, and no one was available to come down and talk to us.”
You can’t make this shite up.
Posted on 10/8/25 at 2:40 pm to NfamousPanda
quote:
Security guards in the lobby told WAFB they stopped seeing workers at the LOSFA offices last week, and no one was available to come down and talk to us.
Posted on 10/8/25 at 3:03 pm to soccer dad
quote:
told WAFB they stopped seeing workers at the LOSFA offices last week
I know at my job, when there is a crisis, the first thing we do is tell all employees to stop reporting to work.
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