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In an era of inequity, more and more college financial aid is going to the rich

The Hechinger Report

People who set up college-savings accounts, called 529 plans, get $2 billion a year worth of federal tax deductions — projected by the Treasury Department to double by 2026 to $4 billion a year. It starts with savings. Oregon officials have since changed the requirements, disqualifying the wealthiest families from the program.).

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