The board that oversees Alabama's prepaid college tuition program got more bad news about the plan's financial outlook Wednesday, and the board's chairman got an earful of outrage from frustrated parents who can't plan for their children's education, the Associated Press reports. Actuary Dan Sherman said the board's liabilities will exceed its assets by $605 million if it keeps paying full tuition, and it should run out of money in fall 2015. He said if it keeps paying full tuition for more than 10,000 students currently enrolled in college, the board will need to close the program down in about...
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