State-run prepaid tuition plans get squeezed

sweeps · #1 (**permalink**) 03-10-2009, 12:47 PM

State-run trust funds for parents who want to pay off college tuition before their children enroll are running short on cash, and program officials worry they won't be able to pay for students who are counting on the money.

Article

sweeps · #2 (**permalink**) 03-10-2009, 12:48 PM

This is why I've never trusted 529 prepaid tuition plans. (Note: These are not the same as 529 savings plans.)

simpleyme · #3 (**permalink**) 03-10-2009, 12:54 PM

I have always been suspect as well ,its only guaranteed when it is working in their favor