Dive Summary:

• The Washington Examiner reports that the number of Maryland residents investing in state-run prepaid savings programs has decreased by almost half since 2003, and the number of Virginians dropped about 70% from more than 10,000 to around 3,000 over the past nine years.
• Parents choosing college saving options other than popular 529 plans and rising tuition fees at state universities are the two main reasons for the drop, according to the report. 
• Studies show that more parents are now saving for fewer than two years of college.

From the article:

Soaring tuition costs have become a concern not only for Virginia and Maryland families dropping their kids off at college next month, but for those whose children are just starting kindergarten. …