9:28am

Tue May 12, 2009
WVAS Local

Lawmakers Consider Prepaid College Tuition Plan

Montgomery, Alabama – (AP) - Some key legislators say they may pass a
resolution later this week to have the Retirement Systems of
Alabama do a detailed financial study of the prepaid college
tuition plan.
Senate Budget Committee Chairman Roger Bedford of Russellville
says that will provide needed information on how big the problems
are.
State Treasurer Kay Ivey says that's not enough. Ivey is the
leader of the board that oversees the plan. She says the tuition
plan needs an infusion of cash.
Some bills were introduced in the Legislature to do that, but
none has passed so far. The Legislature has only two meeting days
left.