Illinois' prepaid tuition program has 30% funding gap, report says

[exboyfil]

2. Lets put this in perspective

Many of the prepaid tuition programs are in trouble (maybe it is most). These programs are set up by professional people who are near the top in terms of success in public life. They are managed by money professionals who have had extensive education and training. They cannot keep up with tuition increases and market forces.

HOW CAN MIDDLE CLASS PEOPLE BE EXPECTED TO KEEP UP EITHER!!!!!! If you make much more than $50K/yr as a family you get nothing in grant or scholarship dollars. Projected cost at our universities is $25/K fully loaded and it has to come from almost entirely family income, savings, and student loans. The situation is not sustainable.

Give you a perspective. I was outlining my plan to have my oldest daughter complete her Freshman year of college while in High School to her guidance counselor. I explained that it had more value to her than winning the second tier scholarship (one in which you have to walk on water to get - I know a 4.0 with lots of extracurriculars and a very high ACT score (35) and that is what she got), but I could not get the guidance counselor to understand what I was talking about.