So in addition to your IRA, 401K, and just about every other investment tanking, now the New York Times published an article this weekend about some of the problems that prepaid college tuition plans are feeling.
I always thought of the state sponsored prepaid tuition plans as totally safe investments. However, the NYT article is discussing some things like plans adding new fees, closing to new investors, and in one case a state is developing a “doomsday scenario” for their fund.
The entire article can be found here.
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