Alabama’s prepaid-tuition plan, which has been squeezed by stock-market losses and growing participation, might not be able to cover students’ tuition past the fall of 2011, the Associated Press reports. The state’s House and Senate have each passed a bill to put $236-million into the plan, but the House version would cap tuition increases at participating colleges, a move that the colleges oppose. The two legislative chambers have not yet found a compromise, the AP said.
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Alabama’s Prepaid-Tuition Plan Could Face Doom in Fall 2011
March 17, 2010, 10:20 am
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