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Saturday, October 26, 2013

Prepaid college plan and bright futures get more difficult.

Prepaid college plan and bright futures get more difficult.
Two education programs that really helped out a lot of working class families have been dramatically altered here in Florida. The Sun Sentinel is saying that the pre-paid college enrollment fund Florida Prepaid used to provide a cheap and simple way to save money for college, but these days it's more complicated.
The cost of the most popular four-year university plan has quadrupled since 2006. At the same time, the costs of college tuition have become difficult to predict, with prices increasing 15 percent some years and nothing others.
Next Bright Futures aren’t so bright, from the Fort Meyers press; Florida’s scholarship program for high-achieving students once covered 100 percent of tuition for top scholars.
Years of state budget cutbacks and too many smart students, however, have turned Bright Futures into a shell of its former self. Now, the best a student can do is get about half of the tuition covered by Bright Futures, which is funded through the Florida Lottery.
Florida really had one of the best systems around but after years of cuts it is a shade of its former self. These are two programs that really helped out a lot of poor and middle class families and now they won’t. I don’t call that progress and it is just more proof that Florida pays lip service to the importance of higher education.

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