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.

https://www.brookings.edu/blog/social-mobility-memos/2016/10/03/a-college-is-cutting-tuition-for-529-savers-it-shouldnt/