I-BRIDGE's blog (Link Campus University's Research Centre on Global Affairs) - editor, Marco Emanuele - Critical thinking, complexity, international relations (Twitter, @Glob_Eye - Facebook, https://www.facebook.com/marco.emanuele.50)
Tuesday, 4 October 2016
A college is cutting tuition for 529 savers. It shouldn’t (Richard V. Reeves, Nathan Joo, Brookings)
Washington College in Maryland is planning to cut tuition fees by up to $2,500 a year for families who have saved into tax-favored savings vehicles like 529 plans. Let us cut straight to the chase: it shouldn’t. The plan will reward those from affluent backgrounds and potentially trigger a merit aid-style arms race as other colleges feel obliged to follow its lead.
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