States suspend prepaid tuition programs
By Jason Amirhadji | October 30, 2003As a result of budgetary constraints, the Ohio Tuition Trust Authority, a prepaid tuition program, announced earlier this month that it would not accept payments toward the state's prepaid tuition program next year. Tuition increases, coupled with lower than expected investment returns were cited in a press release as mitigating factors in the decision. In August, the Authority attempted to address these issues by increasing contribution costs, but it was nonetheless forced to freeze new enrollment Oct.


