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Success for Wisconsin's college savings program

Bascom Hall on the UW-Madison campus.
Bascom Hall on the UW-Madison campus.

Madison, WI (WTAQ) - Wisconsin's official college savings' program made some big gains over the last year, after it hired a new management firm.  Ed-Vest reports a 14-percent increase in its total funds, to three-point-three billion dollars.  The numbers of savings accounts grew one-point-six percent to around 247-thousand.  Ed-Vest allows parents to make tax-deductible deposits for their children's college educations -- and the accounts remain tax-free while they gain interest.