529 savings plans see 83% increase in assets in 2003

Assets in all 529 college savings plans rose 83% from $19.2 billion at the end of 2002 to $35.2 billion by the end of 2003, according to financial news provider Ignites.com, quoting figures compiled by Financial Research Corporation. The report attributes $11.5 billion of the $16 billion increase to new net sales.
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