The board of Alabama’s beleaguered prepaid-tuition program approved a survival plan today under which the program would no longer pay participants’ full tuition at public state universities, the Associated Press reported. Instead, starting next fall, it would pay a fixed amount based on average tuition costs. The plan, which is subject to court approval because it would alter contracts with participants, also depends on getting more money from the Legislature — an estimated $236-million over the next two decades.
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One Response to Alabama’s Prepaid-Tuition Program Says It Will No Longer Pay Full Costs
amcneece - December 30, 2009 at 4:32 pm
If the University of Alabama were a private corporation, they would (and SHOULD) have about a million lawsuits by tomorrow morning. Perhaps the parents could cash in their prepaid tuition contracts and send their children to a university in a different state.