Senator says she wished she'd had the votes on prepaid suspension
Her controversial proposal to suspend Florida's popular prepaid tuition program for a year is dead for now. But Sen. Evelyn Lynn, R-Ormond Beach, says she's still convinced the state should take a breather on the program.
Lynn withdrew her proposal last week at the Senate budget committee. On Monday, she said she wished she could have kept it in place because universities are losing money on it.
Universities must eat the costs of the so-called tuition "differential" for contracts purchased before 2007. The differential is a supplemental increase universities can charge students on top of any base tuition increases approved by the Legislature, as long as the combined increase doesn't exceed 15 percent.
"If I had my choice, i’d say it should be suspended until we can seee what we can do about this huge deficit," she said, putting that figure at $64 million.
But, she said, "I didn't have the support."
The prepaid program is the nation's largest and has sold more than 1.4 million plans since 1988, letting parents lock in current tuition and fees for their future students. Nearly 20 percent of undergraduate students at Florida universities have a prepaid plan.