I’m in complete agreement, including your language! I’m pissed! We have a 529 for each of ours (six, three, and 16 months old). Instead of more toys we ask relatives to put the money they would have spent into thier accounts. We put money into each account each month. My husband and I graduated debt free and want the same for our kids. This is absolute bullshit! I, and my kids, are being punished EVEN MORE for hard work and planning for our futures!
This is the TRADEMARK of the TOTALLY HORSE$HIT Obozo gang.
No different that the old mafia gangs who collected money for their protection racket.