01/27/2015 05:20 pm ET Updated Jan 27, 2015

Obama Will Drop Proposal To End College Savings Accounts: Report

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WASHINGTON — President Obama, facing angry reprisals from parents and from lawmakers of both parties, will drop his proposal to end popular college savings accounts known as 529s, but will keep an expanded tuition tax credit at the center of his college access plan, the White House said Tuesday.

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