Assets in 529 college savings plans have grown 56% in the past 24 months, beating industry estimates by 30%, Financial Research Corp. told the College Savings Foundation at its annual conference in San Diego yesterday.

“This dramatic growth of college savings plans is nearly 30% higher than previously projected,” said Paul Curley, director of 529 college savings research at FRC. “It is also worth noting that new accounts opened during this same time period increased by 15%.”

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