Rescuing Alabama’s PACT Program

Rescuing Alabama's PACT Program

Since 2007, Alabama’s Prepaid Affordable College Tuition (PACT) program has lost almost a quarter of a billion dollars of its value, more than any other state with a similar program. Not only has this 30 percent loss compromised the program’s ability to pay college tuition and fees for investors; it raises serious questions regarding the investment strategies of the PACT Board.