Still one thing more, fellow citizens, a wise and frugal government, which shall restrain men from injuring one another, shall leave them otherwise free to regulate their own pursuits of industry and improvement, and shall not take from the mouth of labor thebread it has earned.
Take New York State, where the 529 plan is run by TIAA-CREF, whose bread and butter is annuities for professors and which has a strong institutional interest in supporting higher education.