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Oregonians can help pay for college with their bottles and cans

A new partnership will allow recyclers from across the state to transfer funds from their BottleDrop account to an Oregon College Savings Plan account.
Orial Burnell of Turner loads bottles and cans into a machine at the BottleDrop Redemption Center on 4815 Commercial St. SE on Tuesday, March 21, 2017, in Salem, Ore. (Photo: MOLLY J. SMITH / Statesman Journal)

PORTLAND, Ore. — The Oregon College Savings Plan and BottleDrop have teamed up to help Oregonians save for college. 

The new partnership was announced on National Recycling Day on Nov. 12 and recyclers from across the state to transfer funds from their BottleDrop account to an Oregon College Savings Plan account.

“Our collaboration with BottleDrop offers Oregonians with a creative way to save for education and training after high school,” said Oregon State Treasurer Tobias Read. “We know that no matter where you live in Oregon, every penny adds up, and we want to make it easier for everyone to start saving for their future today.”

BottleDrop account holders can save for themselves, for their kids, for their grandkids, or as a gift to anyone with an Oregon College Savings Plan account.

Oregonians can accrue funds by returning their empty beverage containers at one of over 50 BottleDrop locations around the state.

“For nearly 50 years, families have used bottle and can returns to teach kids about family finances and conserving natural resources,” said Jules Bailey, Chief Stewardship Officer and Director of External Relations for the Oregon Beverage Recycling Cooperative. 

“The BottleDrop partnership with the Oregon College Savings Plan offers Oregon families another easy way to turn their small deposits into big returns for their future."

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