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Senator's plan to suspend Florida Prepaid College program stalls

Plan to halt prepaid Tuition withdrawn

Her proposal to suspend Florida's popular prepaid tuition program is dead for now. But Sen. Evelyn Lynn, R-Ormond Beach, says she's convinced the state should take a breather. Lynn withdrew her proposal last week and Monday said she wished she could have kept it in place because universities are losing money. Universities must eat the costs of so-called tuition "differential" for contracts purchased before 2007. The differential is a supplemental increase universities can charge on top of any base tuition increases, 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 see what we can do about this huge deficit," she said. But, "I didn't have the support." The prepaid program lets parents lock in current tuition and fees for future students.

Times/Herald Tallahassee Bureau

Senator's plan to suspend Florida Prepaid College program stalls 04/04/11 [Last modified: Monday, April 4, 2011 9:43pm]

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