Published 7/12/2023 5:30 a.m. EDT
Maryland families who use the state’s prepaid tuition program to save for college will get the generous earnings on plan contributions they’ve been pushing for since the state distributed, and then took back, money from thousands of account holders last year, State Treasurer Dereck Davis announced this week.
State lawmakers earlier this year tapped Davis to manage Maryland 529 — the agency that oversees the Maryland Prepaid College Trust — as well as to investigate the factors that led to the program falling into disarray, and to make recommendations about how to move forward. Davis said he found a series of problems so complex and intertwined that he compared the inquiry to peeling an onion...
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