PACT not expected to last after 2011 without help

MONTGOMERY, AL (WBRC) - A bleak outlook for Alabama's Prepaid College Tuition Program, Known as PACT.

Program administrators say PACT will not be able to pay tuition after the fall semester of 2011. Those figures take into account having enough money to provide refunds to the 44,000 participants for what they have paid into it.

The Alabama Senate and House both have bills pending that would shore up the program, but there are serious differences over how to do it.

Copyright 2010 WBRC. All rights reserved.