My daughter just turned 1 and we want to start planning for her college. My wife is a medical resident. She has 300k in loans, which are in forbearance, but for which we still make the expected payments. Together we currently pull in $130k/annum gross. We own one of our cars and owe 8k on the other. We have a 7 year arm mortgage ( 6 years left) of 157k. We save about $2000 per month into savings. She will be done in 2.5 years with expected pay of 400k. What should we start investing in for our daughter and is a 529 plan right? Currently we live in nc, but hope to live west (originally from ut).