- A 7-0 decision by the Alabama Supreme Court Wednesday breathed new life into a lawsuit over whether not a state prepaid tuition program can pay less than normal, full tuition rates.
- Alabama's Prepaid Affordable College Tuition plan allowed parents to pay into accounts over two decades and receive tuition for their children to attend state schools, but stock market problems in 2008 resulted in a lack of funds to cover all participants.
- A lower court will now evaluate whether a law may be retroactively applied to reduce tuition payments.
From the article:
The Alabama Supreme Court on Wednesday reopened a lawsuit over whether Alabama's prepaid college tuition program can pay less than full tuition for students.
The court, in a 7-0 decision, told a lower court to look at whether state officials can retroactively apply a new law passed by the Legislature to allow reduced tuition payments. ...