The Impact of Pact: Update

As you may know, the option to opt into the Alabama Prepaid Affordable College Tuition (PACT) program has been closed since 2009 due to its near collapse following the economic recession of 2008. That, in addition to the steady increase in tuition rates, has left PACT unable to fulfill its original promise to pay in full the annual tuition of students whose parents invested in this prepaid program.

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