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If a tuition cap must be imposed, how can we exempt the very institutions that enroll the majority of PACT students, while rendering to second class status all other public colleges and universities in Alabama?
not apply to the University of Alabama or Auburn University systems.
Is this a precedent that we may see in the future on other university issues? How would this exemption hold up Adidas Climacool On Feet
Aid the badly bleeding PACT Insight
Yet the two university systems that enroll the most PACT students escaped the legislative tuition cap provision. The University of Alabama System and Auburn University emerged untouched by the Legislature.
PACT problems surfaced in 2009, when the public learned that the program assets were down more than $400 million because of the economic recession and an anemic stock market. Crucial to the debate at that time was the issue over whether the PACT funds were guaranteed.
From the outset of the crisis, our position has been that while Alabama institutions of Adidas Boost Uncaged X Parley higher education did not create the PACT financial problems and were under no formal or legal obligation to offer a solution, we wanted to demonstrate our support of the PACT.
Then, under the heading of good deed goes unpunished, final legislative action in 2010 penalized Troy, Alabama State and seven other public universities plus the 26 two year colleges by placing a cap on future tuition increases. But the cap did Adidas All Star Size 4
Keep in mind more than 60 percent of the PACT participants attend the UA or AU Systems.
Last spring, the Alabama Legislature attempt to solve the problems plaguing the Pre Paid Affordable College Tuition program, known as PACT, amounted to affixing a Band Aid on Adidas Boost V3
in a court of law?
Now it appears that the bailout plan is failing. State Treasurer Young Boozer has said the PACT program will need additional funds from the state as much as an additional $338 million to pay the tuition for more than 40,000 PACT enrollees.
Our view has been, and remains, that we all in this together and that helping our students is the right thing to do.
Our leadership drew followers. Subsequently, Alabama State University announced its own PACT tuition freeze, followed by the chancellor of postsecondary education decision to waive PACT tuition increases through 2012.
Our view: We're all in this together
Conveniently, UA and AU systems invoked exemption from legislative oversight based on provisions of the Alabama Constitution.
The 2010 bill shifted $500 million from the Education Trust Fund to PACT and capped the rate of increase on tuition charged to PACT students at 2.5 percent if the fund was growing at 5 percent and was deemed fully funded.
Marine Corps colonel.
View full sizeDr. John Schmidt is senior vice chancellor for advancement and external relations
a gaping wound. This year, legislators have the opportunity to achieve a cure for PACT and also level the playing field for Alabama higher education in the process.
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